Basic Business Budgeting
Online self-paced course | 3-5 hours to complete
Budgets are one of the most important financial statements for your business. Developing and maintaining a budget supports key decisions around the performance, growth and direction of your business. This course will provide you with the foundation knowledge needed to develop a basic understanding of budgets and the budgeting process.
What You'll Learn
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Straight-forward and practical methods for developing a budget;
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How to identify ways to reduce costs;
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How to ensure others contribute and understand the budget;
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Understand different types of business budgets;
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How to develop a cash flow budget;
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The importance of understanding revenue and expenditure;
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How to set a budget timeframe;
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Commonly used budgeting terms and their financial application.
This course is ideal for
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Those with minimal budgeting and financial experience who are thinking about starting a small business;
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Technical specialists and tradies who have stepped into a role that requires management of financial resources related to projects or day-to-day operations;
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Anyone who is looking to develop a sound understanding of budgeting principles.
Course Details:
Course Inclusions:
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