Business Budgeting
Having a clear and accurate budget is essential for any business – especially SMEs and startups. They enable you to track how much money you’ve got, how much you’ve spent, and, crucially, how much you’ll need. As well as this, they’re a crucial tool for measuring performance, figuring out business decisions, and planning for the future. But there are different approaches to budgeting, depending on the size of your business, industry, and overall goals. So, in this course, we are going to highlight the fundamental principles that underpin successful business budgeting and explain how businesses stay on top of their finances.
Covered in this course:
- Key business budget components
- Business budgeting benefits
- How to form a basic budget
- Business budgeting best practice