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In this seminar, you will explore the basic essentials of budgeting including a generic step-by-step process. At the same time, you will also be enabled to explore newer developments that focus on the modern budgetary tools that have emerged during the last decade or so.
A budget includes revenues and expenses of the organization. Creating and reviewing a master budget for the business will provide a comprehensible breakdown of the company’s finances.
It is a major role to forecast future revenues for the organization as it creates a budget for everything. Using the business past revenues and proper research will be the guidance to predict the future financial outcome.
Always be prepared to have sufficient funds to cover all of the upcoming operations expenses
Carefully select a desirable period when to launch a new product to the consumers
Identify opportunities to reduce expenses in the company which will eventually increase revenues
Envision the current state of the market and economy
Be able to ascertain a break-even point for all expenses as this will avoid spending more than earning
Calculate the amount of return of investments (ROIs) so that it will be able to cover any losses in the future
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Making Quickbooks Work SeminarYear Around Event (2019) Entrepreneur Accounting Academy, 1006 Rufino Plaza, 6784 Ayala Avenue, Makati City, Philippines 1223 Event Organized By: Entrepreneur Accounting AcademyEvent Type :Public Seminar
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