 "Budgeting" — what it is — how to do it
Budgeting is the one function of management which many managers dread but, in today's business world, it is essential that even non-financial managers have a working knowledge of finance and budgeting. This programme introduces workshop participants to the essential financial skills needed for this vital management function. It will enhance existing skills and provide the financial management training and direction for people to be effective members of a budgeting team.
Why budget — are there any real advantages?
Analysis of business failures usually include reasons such as: inadequate capital, excessive credit, overstocking, and high costs of operation. All of these are symptoms of inadequate budgeting and lack of control of finance.
Without budgeting, chaos is almost inevitable.
Budgeting is important, and it is important that it is done well.
Participants, and anyone engaged in business, at any level, will gain a clear understanding of what a budget is, how to compile it and how to use it. The budget is the most effective control tool for the success of any business, no matter how big or how small.
For an in-depth description of the package
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