Let's build a business budget
What you'll learn
- The process to follow to build a business budget
- Detail budgets - including sales forecast, production budget, materials budget, labour budget, overhead budget and cost of goods sold budget
- Compiling a budgeted income statement and budgeted balance sheet
- Additional concept in budgeting
- Ten best practices in budgeting
This course provides a basic understanding of how to prepare a financial plan for a business in the form of a set of budgeted financial statements (budgeted income statement and budgeted balance sheet).
This course will also discuss some of the problems associated with budgeting along with "best practices" in budgeting.
Who this course is for:
- Business owners, business managers and students eager to understand the basics of a business budget
My passion for business inspired me to put together online video courses for the benefit of the greater business community.
My professional experience in business as a Chartered Accountant, Chartered Global Management Accountant, Financial Director and Business Advisor afforded me the opportunity to experience many facets of business and I share my knowledge and experience with pleasure.