Budgeting your business is essential for business owners. You need to know operating costs, overhead, and spending habits. How much does it cost for your business to operate, what are your profits margins, and in what areas can you improve your profits? Your spending habits are very important there could be areas in your business where you are over spending or another area where you should be spending more to improve the quality of products or services. These are all the things you need to consider when budgeting having a good inventory of how you are managing your budget can help your business to sustain in operation.