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Preparing Budgets for Your Organisation:
A Practical Guide for MSMEs & Startups

Posted by Acutus Business Advisors LLP

Your Partners in Financial Growth & Compliance Management

Running a business without a budget is like sailing without a compass—you might move, but not necessarily in the right direction. For MSMEs and startups, preparing a thoughtful budget can make all the difference between thriving and merely surviving.

At Acutus, we’ve seen how a well-structured budget helps organizations make smarter financial decisions, control costs, and plan for growth. Let’s break it down into simple, actionable steps.

  1. Understand Why Budgeting Matters

Budgets are more than spreadsheets—they’re your business’s financial roadmap. A solid budget helps you:

  • Predict future income and expenses.
  • Identify areas where you can save.
  • Allocate resources efficiently.
  • Measure business performance over time.

For startups, it also helps attract investors by showing that you understand your financial position and have a plan for sustainability.

  1. Start with Real Data

Begin by reviewing your historical financial records—sales, expenses, and cash flow. If you’re just starting out, use realistic market research or industry benchmarks. Avoid guesswork; accurate data builds accurate budgets.

  1. Categorize Your Expenses

Divide your costs into fixed (like rent, salaries) and variable (like marketing, utilities). This helps you adjust when business conditions change. Remember, flexibility is key—especially for growing MSMEs.

  1. Forecast Your Revenue

Estimate your income based on past trends, market conditions, and growth goals. It’s always better to be conservative with revenue projections and optimistic with your plans.

  1. Monitor and Review Regularly

A budget isn’t a one-time document—it’s a living plan. Review it monthly or quarterly. Compare actuals with projections, and tweak as needed. This keeps your finances aligned with your goals and helps catch potential issues early.

  1. Seek Expert Guidance

Creating a budget that truly reflects your business goals can be tricky. This is where professional support can make a world of difference. At Acutus, we help MSMEs and startups design realistic, data-driven budgets that support both day-to-day operations and long-term strategies.

Wrapping It Up

Budgeting doesn’t have to be intimidating. With a clear plan, accurate data, and regular monitoring, your business can stay on track and make confident financial decisions.

Want help setting up your organization’s budget?
Reach out to Acutus, Pune—your trusted partner in business finance.