Financial Management11 min read
How to Create a Business Budget for Your Freelance Business
A freelance budget has to answer two questions: does the work earn enough after business costs, and will the money arrive before your bills and personal draw are due? A profitable project can leave you short of cash if the client pays next month while a subcontractor needs payment this week. Keep the profit plan and the cash calendar connected, but do not treat them as the same report.
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