{"id":3001,"date":"2022-01-04T18:59:00","date_gmt":"2022-01-04T18:59:00","guid":{"rendered":"https:\/\/cmginternational.sltm.ca\/pourquoi-utiliser-un-budget-comme-outil-de-gestion\/"},"modified":"2022-03-23T18:11:50","modified_gmt":"2022-03-23T18:11:50","slug":"why-use-a-budget-as-a-management-tool","status":"publish","type":"post","link":"https:\/\/cmginternational.ca\/en\/why-use-a-budget-as-a-management-tool\/","title":{"rendered":"Why use a budget as a management tool?"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t

Why use a budget as a management tool?<\/span><\/span><\/h2><\/div>
<\/div><\/div>
<\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t

January 4, 2022<\/p><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

After nearly 50 years of experience in manufacturing-sector SMBs in Quebec, I’ve found that roughly 80% of business leaders whose sales vary between 3 and 15 million dollars manage without a budget.<\/span><\/p>

However, when you require funding and need to apply for financing from financial institutions, you need to prepare your budgets! <\/span>Why do financial institutions ask you for a presentation document accompanied by budget forecasts? Because t<\/span>hey must ensure that:<\/span><\/p>