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Course Name
Build Your Own BIZ™ - Better Budgeting

Contact Hours: 1

Course Description
Create a Business Budget

Budgeting is vital to the financial health of your business. This course will examine the budgeting process, and how to tackle this task in practical ways. The class includes video, text, and downloadable resources.

Description of Course

Better Budgeting will explore the following topics:

  • Overview of budgeting
  • Setting Goals
  • Keeping the money people happy
  • Ongoing budgeting
  • Controlling cash
  • Balance sheet
  • Income statement
  • Cash flow statement
  • Predicting the future


The Better Budgeting course also contains downloads and resource links that will help you put your plan into action.


Outcome

Completion of the Better Budgeting module will help you:

  • Create a business budget
  • Set goals for making a profit, controlling expenses, and revenue
  • Create financial statements to provide to lenders
  • Control cash flow
  • Understand three crucial financial statements, including the balance sheet, income statement, and cash flow statement
  • Look at the future based on past financial information

Assessment

Evaluation of your performance will be based on:


  • Quizzes are provided in each module for self-evaluation of your progress.



Outline

Better Budgeting is structured to adapt to your preferred learning style and can be used as follows:

  • Participants can navigate the module like a book, moving from chapter to chapter
  • Participants can use the audio feature to listen to the content
  • Menus and Table of Contents allow participants to find specific information quickly and easily
  • Downloadable templates assist participants in putting the ideas they have learned into practice
  • Videos enhance learning and interest