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How did Q2. A study from Willard & Shullman...

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Accounting

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How did Q2. A study from Willard & Shullman Group Ltd; found that fewer than 14 percent of businesses with less than 500 employees do an annual budget or have a written business plan. For many small businesses feel that as long as they are achieving the sales target they are doing well and they don't need to waste time on budgeting. Some others feel that they are too busy to find time for preparing budget. Can there be a situation when even after selling the desired quantity the business finds they are unable to pay their employees? (6 marks) n bicycle store

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