It helps you keep your eye on the prize. A budget helps you figure out your long-term goals and work towards them. If you just drift aimlessly through day to day business without a clear direction, then how will you know if you have met your goals?

It would be like getting in your car to set off to a sunny warm destination without a road map…you may get there eventually, but you may have used up most of your resources and become extremely frustrated by the time you arrive.

A budget forces you to map out your goals, save your money, keep track of your progress and make your dreams a reality. It allows you to make proactive choices in your business and ensure proper cash flow is available when you need it.