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What Is a Budget and How Is It Used by the Owner

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What is a budget and how is it used by the owner of a new business?


Definitions:

Investor

An individual or entity that allocates capital with the expectation of receiving financial returns.

Employee Stock Ownership Plans (ESOPs)

An employee benefit plan giving workers ownership interest in the company, often aimed at improving company performance and employee satisfaction.

Funding Sources

Various origins of financial support for businesses or projects, including loans, investments, grants, and personal savings.

Future Earnings

Projected profits or income of a business or investment, anticipated in future periods based on past and current trends.

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