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Budget Planning Basics


Overview

Creating a Budget Plan

Budget planning is a process of evaluating the earnings and expenses of companies or individuals which is beneficial for their future. The objective of creating a budget plan is to arrange the necessary components and brainstorm future goals. It may be completed in one meeting or sometime it takes couple of weeks to evaluate the available data to decide.

Money and time are rare resources to the people and organizations but they can be utilized and managed efficiently and effectively by good planning. Budget is a tool which is used by managers to plan and control the rare resources. The budgeting planning focuses on company’s future objectives and profitability.

This informative unit provides a detailed examination of budget planning basics, along with defining the term ‘budget’ and the process of creating a budget plan from scratch. It also explores the different types of budgets including various parts of a budget.

The unit also explains the budgeting process along with the budgeting tips and tricks. On the completion of this unit candidates will be able to understand where the budget fits in.

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Objectives

After the completion of this course learners will be able to:

  • Define budgeting and explore different types of budgets

Programme Content

Topics:

  • Defining a Budget
  • Types of Budgets
  • Understanding Where Your Budget Fits In
  • Parts of a Budget
  • The Budgeting Process
  • Budgeting Tips and Tricks

 

Target Audience
Prerequisites

This is a standalone course and assumes no prior knowledge.

Overview

  • Participants:8 - 400
  • Duration: 2 - 3 hours
  • Participation:Only collaborative

Key Benefits

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Related

Course Level
Study Method Online
Course Duration 10 Hours
Start Date On going
Awarding Body
Pay in Instalment Full Fee £ 120, Deposite £ , ( £ 0/month )
Full Fee:    £ 120

Discount:    £ 30

Pay Today:    £ 90


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Pay in Instalment Full Fee £ 120, Deposite £ , (£ 0/month)
you can pay Staff Training Solutions using payatrader
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