Hi every one i have this group project and my part to do the budget i will tell you how to do the budget
This is how you do the budget
5. Budget. 1 page long. In the real world, the budget section is informed by your boss, regulations, real costs and expenditures and more. Create a mock budget, showing me you have thought of what is necessary to pay for to market this product. How will you pay for all the tactics in section 4? One approach is to list briefly, in order, three major actions that you will need to do now, in 6 months, and at the end of one year, with a rough estimate of how long they will take to do.Make this one major action for each time period, three total, not nine. Then figure out the “who, what, when, and how much” of your marketing planning. State the money needed – a rough estimate of how much it will cost to start production and marketing of this offering and where the money will come from. This is your investment section. Follow it with a return or revenue section, showing how much money is projected to come in due to projected sales and income from the offering. Assume a general expected sales figure for the year(s).