Module 6 : Personal and Business Budgeting

Introduction

Knowing how to make a budget is important both for managing personal finances and for running a business, so it is necessary to learn the basics and how it works. The module provides theoretical knowledge to introduce you to the subject, starting from the fundamental of budgeting, providing tools and teaching the basic principles for entrepreneurs.

Objective

Module 6 will give you a thorough overview of personal and small business budgeting, starting with the basics. Moreover, it will help you to better understand not only theoretical principles, but will also give you practical recommendations and advices on how to manage your budget.

Introduction

1
Introduction
2
Objectives
3
Expected learning outcomes

Topic 1 : Personal budgeting

1
Introduction
2
1.1 How to start a budget
3
1.2 Choosing the right budgeting method
4
1.3 Cash flow management
5
1.4 Tracking your money. Useful tools
6
Unit Review / Summary
7
Quiz
10 questions
8
Exercise

Topic 2 : Small business budgeting - the essentials

1
Introduction
2
2.1 Why do Start-ups and small business need a budget?
3
2.2 What types of budgets exist?
4
2.3 How to prepare a small business budget?
5
2.4 Business budgeting techniques
6
2.5 Budget templates and online tools
7
Unit Review / Summary
8
Exercise 1
9
Exercise 2

Self-Assessment Questionnaire

1
Final Quiz
7 questions

Resources References and Materials

1
Downloadable Resources
2
Extra Reading Materials
3
Reference and Resources
4
Module’s Infographic

Be the first to add a review.

Please, login to leave a review
Enrolled: 21 students
Lectures: 20