Developing budgets for business
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...
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Helping the best teams succeed, from new startups to big companies.This lesson includes
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- Downloadable resources
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Lesson details
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 in the Developing budgets for business lesson
- 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
Instructor

Olga Sommer is a seasoned hospitality professional with over 20 years of experience in the industry. Currently serving as the Senior Multi Sites Revenue Manager for Ascott Hospitality Management, Olga oversees properties across Germany, Austria, and...
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