Excel: Creating Business Budgets

A sound business budget can help you effectively manage resources as your organization changes and grows. Microsoft Excel is uniquely suited to the task of business budgeting, as it boasts a slew of features that make it easy to create budget models, as well as apply ongoing updates as your business evolves. In this course, Joshua Rischin shows business owners, managers, and their staff how to use Excel to design, create, and maintain robust business budgets. Joshua demonstrates how to use an Excel model to build business budgets in a logical and structured manner, as well as how to forecast income and expenses based on various scenarios. He also shows how to collate inputs from various sources to create structured Excel input sheets, visualize your projected results, prepare summary reports, and more.

Learning objectives
Identify why it is a good idea to use Excel when creating a business budget.
Examine the importance of revenue drivers when putting together a business budget.
Recognize how to calculate staff costs when creating a business budget.
Explore the elements of preparing a concise report.
Break down the fundamentals of enhanced reporting.
Determine the best ways to utilize efficient updates.