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Strong budgets are crucial for any business, particularly from the point of view of business planning and getting finance. But many entrepreneurs struggle to get budgeting right. In this edition of SmartTV, SmartCompany editor James Thomson talks to Sue Prestney, principal of MGI Melbourne, about the ingredients of a good budget, how to test the assumptions in your budgets and why suppliers and customers can be an invaluable source of budgeting intelligence.
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