• Top 3 Reasons Business Owners Don’t Build a Budget

Blair Morrison, CEO

Why Don't Businesses Build Budgets?

I talk to business owners all the time who have heard that building a budget is a good idea, but don’t have a budget. Here are the three main reasons I’ve heard as to why this is:
  1. I’ve never built a budget and wouldn’t know where to start.
  2. I’m not a big numbers fan or I don’t like Excel.
  3. I’ve done one in the past, but never ended up looking at it so it seems kind of pointless.

We've Got Your Back...

AutoCFO has solved all of these problems. We built this platform to help small business owners, after all!
  1. We give you a place to start with your budget. You still know your business better than anyone else and your input is absolutely required, but we make it so that you can start with a really strong reference point.
  2. You don’t have to like or know anything about Excel to use our platform. No more starring at a spreadsheet and wondering why the numbers aren’t adding up the way they should be. We do all the math and calculating for you. You’re welcome!
  3. We 100% agree, there is no point in building a budget if you don’t actually use it to manage your expenses and track how your revenue is doing. So we automated the update process and compared your budget to it actually happens every month, directly from your financial statements. Now there’s a point to having that budget!
We built this product for you, the small business owner, the small business accountant and the small business manager. Our goal is to make your life easier, to make your goals clearer, and to give you the tools to improve your business.

You can build and stick to a budget. We got your back.

Check out what AutoCFO can do for you and your business by taking a look at our product features.