Discuss the impact of the budgeting process in small and medium sized businesses in the EU

The dissertation proposal given for this subject is:
The purpose of this dissertation is to analyse and examine the relationship between the budget and the actual performance of businesses. As we have seen from previous research there have been problems between budgeting and performance in small and medium sized businesses (SMB’s).
The objectives of this dissertation are:
To investigate the theoretical impact of budgeting on performance in small and medium sized businesses
To establish and outline how to measure performance in small and medium sized businesses.
Finally, to understand how budgeting affects the performance of SMBs in the EU.