Let's build a business budget

Posted By: lucky_aut

Let's build a business budget
Duration: 47m | .MP4 1280x720, 30 fps(r) | AAC, 44100 Hz, 2ch | 799 MB
Genre: eLearning | Language: English

Introduction to a process to follow to compile 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

Requirements
None

Description
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

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