Know What a Budget Is
First of all, you need to know exactly what a budget is. Essentially a budget is a kind of like a map for your small business. It gives you an overview of how much you will spend and make in a certain time period.
To have a proper budget, you will want to include an estimate of what you are going to make and an exact plan for your spending on your blog. Following this budget will successfully ensure that your small business is going to be profitable and will achieve your goals.
Start with some ideas of what your expenses and income might be, get something on paper, and then move on to step 2.