Which factors are taken into consideration while preparing budget ?

In order to make a budget you need to have a business plan. The budget is prepared with the plan objectives as far as revenue is concerned, in other words, hat portion of revenue will be used to achieve the planned objective

Budget is a planning for the business activities for upcoming financial year. When preparing a budget plan some important factors should be concluded to make it accurately. Such as previous year actual vs budgeted and variations, current market factors which effect the business at large for example inflation rate, market trend and demand etc. finally the goal and ultimate target of the business. 

while preparing a budget the most important things to be kept under considerations are first and foremost your goals having a measurable goals help you determine precisely how much money you need to trim from your budget.second is expenses you need to identify your expenses in order to get effective budgeting and the last but not the least is your income here only current and guaranteed income should be taken into consideration and future speculation should be avoided. 

One must be aware of what needs to be achieved through the budgeting process and the size of the available resources for the project to be realised within the budget year.

In Film/television program budgeting (that's what I have been doing) we need to consider that all our expense line items as per the assumptions considered are covered, Sufficient provision is there for unforeseen circumstances and there is a healthy savings. While doing this it should be within the market norms and potential.

We have able to Calculate Feature Expenses & revenue in further years,

Preparing a budget is probably a necessity if you have any hope of setting money aside to reach your financial goals. therefore budgeting requires careful consideration of a variety of factors, including your income, expenses and spending patterns just to mention but few. 

Last Year trends & Market Potential