All businesses benefit from having a structured approach to expenditure and resource allocation for meeting the company expenses. Discrepancies arise in business budget planning either because of unforeseen circumstances or poor planning. In such cases, improper budgets might hamper the company's further growth and expansion.
Proper cost control and budget planning are especially important in the cases of small and micro-businesses where there are limited resources and overspending is not an option. Efficient cost control management can help you strategically identify the company's priorities and cut back on expenses that are not required immediately. As such, being well-versed in both budget management and cost control techniques can allow you to use your resources to their fullest potential.
Quite a lot has been going on:
Extraction Provides Update to 2020 Capital and G&A Budgets Nasdaq:XOG
DENVER, April 02, 2020 (GLOBE NEWSWIRE) -- Extraction Oil & Gas, Inc. (NASDAQ: XOG) ("Extraction" or the "Company") today announced reductions to its capital and G&A budgets. In response to recent commodity price weakness, The Company has reduced its 2020 upstream capital budget by 42% to $250-300 million.
The Company also reduced its 2020 cash G&A budget 18% to $40-$50 million, including a reduction in the cash compensation of the Company's senior management team. "All officers of Extraction, including the executive team, have elected to take a 10% reduction in 2020 salaries and bonus compensation effective immediately," said Owens.
Cleo Parker Robinson's Cyber Dance 2020 brings dance classes virtual
As dozens of dance studios sit idle across the metro area, one prominent company is moving deliberately into the virtual world.
“Federal funding that trickles down to Colorado from the (National Endowment for the Arts) is typically around $15,000 to $20,000,” said Malik Robinson , executive director of Denver’s Cleo Parker Robinson Dance (CRPD). “Some folks are facing some pretty large gaps and that will certainly help, but it’s just not going to address it in (a) significant way.”
Apple's iPhone 9 Has Suddenly Become Very Important
The Google Pixel 3a XL smartphone is arranged for a photograph in San Francisco, California, U.S., ... [+] on Thursday, May 2, 2019. Slower processors and cheaper materials helped Google price the Pixel 3a with a 5.6-inch screen at $399. The larger Pixel 3a XL has a 6-inch screen and costs $479. That's roughly half the price of the company's existing Pixel phones, before recent discounts. Photographer: David Paul Morris/Bloomberg
2020 is supposed to be an important year for Apple because the Cupertino-based company is releasing its first 5G iPhone. Except, it might not be.
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Budget deal includes new prevailing wage rules
— The state Legislature has agreed on a plan to expand prevailing wage requirements on publicly-funded development projects.
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— As the coronavirus continues to spread across the city's substantial homeless population, shelter providers are raising concerns about a lack of personal protective equipment within facilities.
— The state issued new rules on Wednesday that permit in-perso n home showings, which were previously prohibited under an executive order that went into effect on March 22.
Small-Business Relief Effort 'a Mess' - The New York Times
This briefing is no longer updating. Read the latest developments in the coronavirus outbreak here .
A $349 billion relief program to help small businesses cover their payroll costs for up to eight weeks will be "up and running tomorrow," Treasury Secretary Steven Mnuchin said at the White House briefing on Thursday.
Mr. Mnuchin also said that his agency and the Small Business Administration had "brought in a lot of external resources" for the program. Jovita Carranza, the small-business administrator, said they were working with partners from the government and the private sector to "make our systems as robust as possible to meet the needs."
Truck Rental Leasing Market Demand and Growth By Top Companies Budget Truck Rental, DeCarolis
Truck rental and leasing broadly include the set of professional and/or managed vehicle offered by numerous fleet owners for transportation of industrial or commercial goods. Presently a significant number of market players operate in the market that offer commercial rental and leasing related vehicles for wide range of commercial end-users.
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Factors such as growing demand for achieving optimal operational costs through downsizing non-critical assets or outsourcing the process has gained unprecedented adoption across various industry vertical. Subsequently, the number of rented or leased truck also has gained swift rise across different end-user industries thus, propelling the growth of the market during the coming years.
Budget 2020 analysis shows true company car cost | Fleet Industry News
New company car tax rates, announced in the Budget, will cost the Government £100 million in lost revenue over the next two years, while drivers will face higher costs from new emissions regime.
The publication of a new zero benefit-in-kind (BIK) tax rate for EVs, funding for a network of fast charge points and extending the plug-in grant were part of package of measures aimed at incentivising ultra-low emission vehicles (ULEVs), delivered in a Budget dominated by the coronavirus crisis.
Happening on Twitter
Looting in Santa Cruz. This will become common https://t.co/9SCZdemtch arrington (from Seattle, WA) Thu Apr 02 19:35:45 +0000 2020
Move to more common 18-inch tires meant aluminum wheel (steel way heavy). But w/aluminum wheel & loads, couldn't fi… https://t.co/5A6krVQEsK bobpockrass Thu Apr 02 23:21:52 +0000 2020
GR. K-5: Students will learn not to ask for a snack every 5 minutes, or in the 30 minutes following a full meal. G… https://t.co/7oH8T1yY0h mcsweeneys (from San Francisco, CA) Fri Apr 03 01:40:00 +0000 2020
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