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Florida SBDC at Daytona State College
The Small Business Development Center (SBDC) helps businesses become more successful today and meet the challenges of tomorrow. Whether you are starting a business, buying a business, growing a business, selling a business or looking for financing, we can help you.

The SBDC at Daytona State College is a member of the Florida SBDC Network, a statewide service network funded in part through a cooperative agreement with the U.S. Small Business Administration (SBA).

As a subcenter of the SBDC at UCF, the SBDC at Daytona State College has been actively serving the entrepreneurs of Volusia and Flagler Counties since 1992.
Growth Through Profit Planning
 Profit Planning

Future profits are a result of the decisions you make today. The tool used in this decision process is a business budget. Based on your business' proposed growth curve, your profit plan strategy can be expressed in terms of this budget. Keep in mind, a budget is simply a restatement of your operating plan showing the financial impact of the managerial decisions you make. Here are some different types of budgets you may not be familiar with.

If long-term planning is generally strategic, setting goals for sales growth and profitability over a minimum of three to five years, then budgeting can also be defined as short-term planning.

Businesses often use special types of budgets to assess specific areas of operation. A cash flow budget, for instance, projects your business's cash inflows and outflows over a certain period of time. Its main use is to predict your business's ability to take in more cash than it pays out, which could mean the difference between success and failure.
State Designated as Florida's Principal Provider of Small Business Assistance
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