Project 4

Project 4: Budgeting

 

Training Room Summary

 

With clear goals and a financial plan, a business will have more likelihood of success. All records must be carefully evaluated and controls put in place to reach the business goals. Some of these goals may be long term, while others may be short term. Whatever the type of budget, it must be revisited often to ensure that the budget remains valid and effective for the business.

 

This first budget training room introduced you to the reasons for developing a budget and showed how this document can be used for planning and control. Training Room 2 will help you develop your skills in preparing a budget.

 

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