You Have Been Approached By The Managing Director Of A Small Company That Has Recent 2597999
you have been approached by the managing director of a small company that has recently been set up.the company is hoping to obtaining a significant amount of bank finance to support its activities and it has asked to supply various documentation as part of its funding application.the managing director has provided all of the required information except the budget for the forthcoming year.he has explained to you that he really doesn’t understand why this has been requested and further confesses that he is unsure about how exactly a budget is prepared.prepare a report for the managing director in which you explain the purposes of budgeting
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