Small Business Sales and Costs Forecasting - Profits
5.0 (2 ratings)
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Small Business Sales and Costs Forecasting - Profits

Prepare for the future, become more profitable and control your costs.
5.0 (2 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
15 students enrolled
Created by Alvaro Santizo
Last updated 4/2015
English
Current price: $10 Original price: $20 Discount: 50% off
1 day left at this price!
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Includes:
  • 1.5 hours on-demand video
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • Analyze a Budget
  • Forecast Costs
  • Forecast Sales
  • Compare Results and Establish Goals
  • Establish Key Performance Indicators
  • Control and/or reduce Expenses
  • Set Performance Goals for the Company and Employees
View Curriculum
Requirements
  • Basic Management Skills
  • Basic Excel Knowledge
Description

An accurate budget will allow you to control your costs and present you options to be able to predict your future earnings. This will allow you to establish control points within your operation so you, as the business owner, are able to track financial and employee performance.

Track your results in past periods and establish if there are changes you can make to become more profitable, increase inventory rotation or plan decisions to be made that can benefit your company´s future.

Prepare your company for a healthy and profitable future. Allow yourself to establish guidelines for your operation and set the path so you can reach your goals.

Who is the target audience?
  • Small Business Owners
  • Managers
  • Entrepreneurs
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Curriculum For This Course
11 Lectures
01:44:49
+
Course Content
11 Lectures 01:41:49


Cost Forecasting
12:27

Analyzing your Budget - Scenarios
14:19

Budget Example ans Analysis
13:31

Growth in Sales vs. Growth in Profits
14:36

Growth in Sales vs. Growth in Profits - Margins
05:56

Mark Up - Margins - Profits
14:11

Mark Up - Margins - Profits: Analysis and Examples
05:41

Mark Up - Margins - Profits: Conclusions
05:41

Thank you!
3 pages
About the Instructor
Alvaro Santizo
4.7 Average rating
7 Reviews
79 Students
6 Courses
Entrepreneur, Business Consultant

SERIAL ENTREPRENEUR AND CONSULTING FOR OVER 10 YEARS IN LATIN AMERICA AND THE US.

THAT HAS ALLOWED ME TO GAIN EXPERIENCE IN THE FOLLOWING FIELDS:

BUSINESS MANAGEMENT : Project Management, Planning and Execution, Budget Control – Financial Goals, Team Building - Cost Reduction - Process Evaluation and Improvement

LOGISTICS:Inventory Control, Supply Chain Management – Supplier Evaluation, Cost Reduction

SALES AND MARKETING:Market Development, Client Management, Marketing Campaigns (Local and Regional), Pipeline – Sales – Return on Investment

For the last 10 years I have been working with companies that range from multi national to small businesses owned and operated by individuals or small groups of people.

Companies i have worked with are in fields like: Construction - Logistics - Computer and Software Services - Construction Projects - Restaurants - Hardware Stores - Retail Stores - Beverage Industry - Veterinary Hospital Services.

I have had the privilege of learning from great leaders and not so good leaders (Yes you learn as much from a good one as from a bad one), having worked with and for amazing companies and companies that have struggled to succeed.

Because of that, i have been blessed with the chance to help others, execute ideas, create and develop projects and I have been able to fortunately learn from other entrepreneurs, executives and great people who came to this world to make a difference. Just like you.

I have worked for others, helping them build and achieve their dreams, until i got to the point where I decided i would no longer work for anyone else, and pursue my own ideas and dreams. I have started my own companies, with partners, by myself, even purchased one. And having been fortunate enough to have failed in some and succeeded in others, I have decided to share my knowledge and experience. With small business owners who may be struggling, or simply wanting to explore options to improve; as well as other brilliant entrepreneurs that are developing their own ideas and projects to start their small business.