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A Budget for a New Business

1) You are beginning your own business and developed a budget based on modest sales and expense assumptions. The actual results are very close to the budget at the end of the first and second months. During the third month, both cash collected and paid differ significantly from the budget. What could be the cause and what should you do?

Each initial post is to include: . A Header section that includes Name, Date, Assignment Title . A paragraph with the scenario paraphrased in your own words and identify what you will be solving. . A paragraph dening any vocabulary words that the reader may need to know. . A paragraph answering each of the scenario prompts. If including a grid to display data then you need to explain what the grid is displaying, how to read the grid. and what information you can derive from it. . A concluding paragraph summarizing your solution. . A personal reflection paragraph explaining what you already knew, what you learned, and how this information can help you in the future. . A Reference section at the end. . Items to keep in mind: 0 Each idea or argument you present needs to be supported. 0 lntext citation is required even if it is course material