Every company has its own way of negotiating
and operating budgets and the amount of information supplied to
a client varies from company to company. Some companies and freelancers
have two budgets; the client budget and the master budget. The client
budget is the budget that the client sees and contains detailed
information about where the money is being spent. A master budget
contains information such as mark ups and profit margin, which you
may not wish to pass on to the client.
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What is the difference between the
client budget and the master budget?
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4.10
Jamie Barratt |
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