If anyone don't understand this basic thing such as budgeting then they should not be in business or have anything to do with finance. OP you did a good job but have honestly post like this are basic, this type of post will have a good fitting for beginners and help. This is a vast forum and the economy board of the forum talking about very basic thing like this that is obvious as day light is a bit cringe.
Most business owners should prioritize budgeting cause it minimizes loses as a result of money mismanagement and encourage proficient spendings.Budgetting is a vital criteria in the financial sector that everyone should embrace inorder to take their business to a better height. There's so much to budgeting that's why it's advisable to plan and make hay while the sun shines.