Budgeting for Your Business Training Video Duration: 1.5 hours | Video: h264, yuv420p, 1280x720 30fps | Audio: aac, 44100 Hz, 2ch | 309 MB
Genre: eLearning | Language: English | Project Files
The first question any investor will ask of a business owner trying to raise cash is: What are you going to do with the cash once you raise it? The answer should be: It's right here in the company's budget. Budgets are a key component of any business plan, but too often they are neglected or rushed and not thorough enough.Bad budgeting can really hurt business development. In this video, Ken Boyd shows you how to create budgets that make sense to investors (and creditors) and provide you with the hard data you need to keep your business running successfully.
Understand the direct link between effective budgeting and business success or failure
Learn why a budget must be created before year-end and how it affects your financial statements
Discover how to create a budget and the types of information a budget should contain
See the basic formula derived from budgeting that's used to make pricing decisions
Learn about the different costs contained in budgets: material, labor, and overhead
Discover what budget variance analysis means and how successful managers use it
Understand the distinctions between efficiency, rate, price, spending variances, and more
Title: Budgeting for Your Business Training Video
Size: 267.51 MB | Format: rar
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