Budgeting and Forecasting for Small Businesses

Season 2 | Episode 7
27m | Apr 19, 2023
  • Importance of budgeting and forecasting for small businesses
  • Benefits of budgeting and forecasting

Understanding the Basics of Budgeting

  • Definition of budgeting
  • Different types of budgets for small businesses
  • Steps involved in creating a budget
  • Best practices for budgeting effectively
  • Common budgeting mistakes to avoid

Forecasting for Small Businesses

  • Definition of forecasting
  • Purpose and benefits of forecasting
  • Different types of forecasting methods for small businesses
  • Steps involved in forecasting
  • Tips and best practices for forecasting effectively
  • Common forecasting mistakes to avoid

Analyzing Your Budget and Forecasts

  • How to analyze your budget and forecasts to make informed decisions
  • Using financial ratios to measure the health of your business
  • Examples of how to adjust your budget and forecasts based on your analysis

Tools and Resources for Budgeting and Forecasting

  • Software and tools available for budgeting and forecasting
  • Resources for further learning and development


  • Recap of key takeaways
  • Encouragement to prioritize budgeting and forecasting in small businesses
  • Resources for further learning, such as books, websites, or professional organizations

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