Review previous years' financial statements.

Identify trends and growth patterns.

Estimate revenue for the upcoming year based on market analysis.

Project expenses, considering both fixed and variable costs.

Present budget proposal to senior management for review.

Revise budget based on management's feedback.

Distribute funds according to the approved budget.

Regularly track budget performance and report variances.

Evaluate budget performance on a quarterly basis.

Make necessary adjustments based on performance and market changes.

Analyze annual financial statements for overall performance.

Document insights and lessons for future budget cycles.