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    Corporate budgeting is a business process to identify how much revenue can the company potentially make in the next one to five years and how much money does the company need to spend to earn that revenue. To a layman, it is simply a case of identifying how much more you want to earn for next year and multiply all the numbers by a certain per
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    t to earn for next year and multiply all the numbers by a certain percentage. If that is how you are doing your budget, then I would agree with you that it is a total waste of time. Don't do it at all. Budgeting is to identify the line of businesses/products that will bring you a stable stream of income as well as those with high growth poten

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