Why is making a proper budget useful for an entrepreneur?

Correct answer: To control expenses

A budget is a financial plan that estimates expected income and expenses for a particular period or activity. For an entrepreneur, preparing a budget helps show how much money may be available, where it will be spent, and whether planned costs are affordable. By comparing actual spending with the plan, the entrepreneur can control unnecessary expenses and make better decisions. Therefore, option B is correct. Wasting resources, removing customers, or stopping work are not purposes of budgeting.

A budget may include costs such as materials, wages, transport, rent, equipment, and promotion, along with expected sales or service income. It can help the entrepreneur set priorities and notice a possible shortage before it becomes serious. A budget is an estimate, not a guarantee, so it may need revision when prices or sales change. Nevertheless, its main value is financial planning and expense control. The supplied answer B correctly states the immediate benefit asked in the question.