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1.0 CEUs  ::  10 Contact Hours  ::  Self-Paced  ::  Instructor Support  ::  6 Month Subscription
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Course Description

This course is designed to get you up to speed on the basics of business budgeting and cost cutting. You will be introduced to the different aspects of business financial tools and will have an essential primer to current business trends in cost cutting and increasing profits. At the conclusion of this course, you will understand important budgeting concepts, time tested strategies, and be able to see and easily implement savings for your company.

These topics will be discussed:

  • Business Budget-  We will discuss the different aspects of a business budget and how to implement a discipline for your budget that will be reasonable for your staff. 
  • Cash Flow & Related Issues- We will cover the basics of cash flow, short-term cash flow, long-term cash flow, how they affect your P&L statement and profit sheets.
  • Business Savings and Cost Cutting- We will discuss the various areas of savings and cost cutting to explore in your company. We will also discuss employee  involvement and motivation and non-traditional areas to examine.
  • Payroll Budgeting- We will cover the basics of payroll budgeting, essentials to keep in mind, and both the trend in handling them and some non-traditional methods.
  • Tax Concerns- We will discuss effective strategies for managing taxes is to establish a budget for your company's taxes.
  • Business Plan- We will cover the importance of creating a business plan, how to create one and how to make it a strong presentation.
  • Business P&L Reports- We will take an overview of your Profit & Loss Reports, what goes where, how to read them and the essentials for a successful business manager to know.
  • Profit Margin Guarantees & Staying in the Black-  We will cover basic and popular theories and practices in the business world.
  • Balance Sheets and the Business Cycle- We will cover the importance and uses of the company's Balance Sheet and we will briefly visit the concepts of the Business Cycle.
  • Traps and Mishaps- We will address the dilemma of overcoming our inevitable errors in business and managementCompany Savings-
  • We will focus on savings and how to make the most progress toward savings by utilizing the good will and brain power of your staff. You will have an overview of how to continue to increase your company's savings and how to encourage sales and staff members with rewards without giving away the savings.

* Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery). UniversalClass™ offers many wonderful learning tools including an online portfolio service that manages all your course completions and CEUs.
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Course Lessons

  • Lesson 1: Business Budget

    This lesson will cover the basics of creating your business budget. We will discuss the different aspects of a business budget and how to implement a discipline for your budget that will be reasonable for your staff.
  • Lesson 2: Cash Flow and Related Issues

    In this lesson, we will cover the basics of cash flow, short-term and long-term, and how it affects your profit and loss statement and profit sheets.
  • Lesson 3: Business Savings and Cost-cutting

    Lesson 3: Business Savings and Cost-cutting
  • Lesson 4: Payroll Budgeting

    In this lesson, we will cover the basics of payroll budgeting, essentials to keep in mind, and both the trend in handling them and some non-traditional methods.
  • Lesson 5: Tax Concerns

    Tax Concerns: One of the most effective strategies for managing taxes is to establish a budget for your company's tax obligations.
  • Lesson 6: Business Plan

    In this lesson, we will cover the importance of creating a business plan, how to create one, and how to make it a strong presentation.
  • Lesson 7: Business Profit and Loss Reports

    In this lesson, we will take an overview of your profit and loss reports, what goes where, how to read them, and the essentials for a successful business manager to know.
  • Lesson 8: Profit Margin Guarantees and Staying in the Black

    While we could hypothesize together about the many ways to create a profit in any given business, this lesson will cover basic and popular theories and practices in the business world.
  • Lesson 9: Balance Sheets and the Business Cycle

    In this lesson, we will cover the importance and uses of the company's balance sheet and briefly visit the concepts of the business cycle.
  • Lesson 10: Traps and Mishaps

    This lesson will address the dilemma of overcoming our inevitable errors in business and management.
  • Lesson 11: Company Savings

    This lesson will focus on savings and how to make the most progress toward savings by utilizing the goodwill and brain power of your staff. You will have an overview of how to continue to increase your company's savings and how to encourage sales and sta
Course Title: Budgeting and Saving 101
Languages: English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries
Category:
Course Number: 8900051
Course Type: How To
Course URL: http://businessbudgeting.onlineclasses.com
Instructor: John Chouinard
Syllabus: View Syllabus
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned
Assessment Method: Lesson assignments and review exams
Duration: Continuous: Enroll anytime!
Requirements: View Technical Requirements
Course Fee: Basic Course: $35.00 (no CEU Certification)
  with CEU Certification: $60.00
Average Lesson Rating: (241 votes)
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"Extraordinarily Helpful"
Online CEU Certificate
1.0 CEUs
10 Contact Hours
IACET CEU APPROVED
  • Document Your Lifelong Learning Achievements
  • Earn an Official Certificate Documenting Course Hours and CEUs
  • Verify Your Certificate with a Unique Serial Number Online
  • View and Share Your Certificate Online or Download/Print as PDF
  • Display Your Certificate on Your Resume and Promote Your Achievements Using Social Media
CEU Value: 1.0 IACET CEUs (Continuing Education Units)
Standard: Course Adheres to the ANSI/IACET 1-2007 Standard
CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET), 1760 Old Meadow Road, Suite 500, McLean, VA 22102.
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned
Assessment Method: Lesson assignments and review exams

Learning Outcomes

By successfully completing this course, students will be able to:
  • Summarize the need and purpose of a business budget.
  • Define cash flow.
  • Describe procedures involved in business savings and cost cutting.
  • Describe the purpose and processes involved in payroll budgeting.
  • Summarize common tax concerns.
  • Describe a business plan.
  • Describe the purpose and importance business P&L Reports.
  • Define Profit Margin Guarantees
  • Evaluate Balance Sheets and the Business Cycle, and
  • Demonstrate mastery of lesson content at levels of 70% or higher.
Lesson 1 AssignmentAssignment20
Lesson 1 Exam: Business BudgetExam90
Lesson 2 AssignmentAssignment15
Lesson 2 Exam: Cash Flow & Related IssuesExam100
Lesson 3 AssignmentAssignment20
Lesson 3: Business Savings and Cost CuttingExam100
Lesson 4 AssignmentAssignment30
Lesson 4 Exam: Payroll BudgetingExam100
Lesson 5 AssignmentAssignment30
Lesson 5 Exam: Tax ConcernsExam100
Lesson 6 AssignmentAssignment30
Lesson 6 Exam: Business PlanExam90
Lesson 7 AssignmentAssignment15
Lesson 7 Exam: Business P&L ReportsExam100
Lesson 8 AssignmentAssignment20
Lesson 8 Exam: Profit Margin Guarantees & Staying in the BlackExam90
Lesson 9 AssignmentAssignment30
Lesson 9 Exam: Balance Sheets and the Business CycleExam80
Lesson 10 AssignmentAssignment15
Lesson 10 Exam: Traps and MishapsExam100
Lesson 11 AssignmentAssignment15
Lesson 11 Exam: Company SavingsExam80
The Final ExamExam520
Total Points:1790

Student Testimonials

  • "What was most helpful were the definitions, descriptions, and anecdotes." -- Michael A.
  • "I loved this class. I learnt a lot." -- Sarah K.

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