What does it take to develop clear financial targets for your business? To ensure you’ve got a solid handle on your incomings and outgoings? To be able to plan for the future, and manage crises? That’s right - your budget! In this lesson, Olga Sommer explains how you can tackle all this and more with a well-crafted budget for your business.
WHAT YOU'LL LEARN
- Why budgeting is so important
- The four essential features of a budget
- How to prepare a budget
- Tips to help you predict income and calculate expenses
This course is aimed at new and aspiring managerial staff looking for ways to optimize their business’ cash flow management.