Brex in the Black
Basic Budgeting at a Startup
Mar 10, 2020 · 12 min
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In this episode of Brex in the Black, we go over basic budgeting at a startup. Some of the points we cover are: 

  1. What are budgets?
    1. When should you do them?
    2. Why does your startup need a budget?
    3. Who should be involved in startup budgeting? In beginning just finance person and founders, small group
    4. How does it progress?
      1. How are budgets affected when you introduce OKRs and OKR planning
      2. Then roll out full budget templates
      3. Income statement and key revenue metrics - actual, expected, variance, explanation of variance

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