Budgeting 101

1hour 0.1CEUs
$10

Description

An introduction to budgeting. Discusses what budgeting is, describes the budgeting process, lists critical components, describes the benefits of budgeting with guidelines to tell you whether or not you are winning the budget battle, defines key terms, describes the planning cycle and lists action steps.

This mobile-friendly class is accessible on any device, including tablets and phones.

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Budgeting 101: Overview of the Process

How to Win the Budget Wars

Goal: to learn about budgeting and how to effectively create and manage budgets for your program

 

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Table of Contents 

  1. What Budgeting Is and Is Not
  2. The 3 Budgets and the Process
  3. The 4 Critical Components
  4. The Benefits from Budgeting
  5. How to Tell You Are Winning
  6. The Business Planning Cycle
  7. Key Budget Terms
  8. Action Steps

 

Learning Objectives

After completing this class, the student should be able to: 

  • Define what budgeting is all about in a general sense
  • Recognize the 3 different types of budgets you need
  • Identify where budgeting fits into planning for your business’s future
  • Describe ways to know if your budget process works
  • Discuss why budgeting is crucial to your business’s success

 

 

NOTE: This course may reflect state-specific regulations. No information in this course supersedes any state regulations you need to follow. You must consult your state’s regulations when developing policies and procedures. Regulations for all states are accessible on the National Database of Child Care Licensing Regulations. Click on the link provided to view regulations in your state.

 

 

Learning Outcomes

Be able to: 

  • Define what budgeting is all about in a general sense
  • Recognize the 3 different types of budgets you need
  • Identify where budgeting fits into planning for your business’s future
  • Describe ways to know if your budget process works
  • Discuss why budgeting is crucial to your business’s success
Approved or accepted in:

Alabama, Alaska, Arizona, California, Colorado, Connecticut, Florida, Hawaii, Indiana, Kansas, Maine, Massachusetts, Mississippi, New Hampshire, New Mexico, New York, North Carolina, Puerto Rico, South Dakota, Tennessee, Texas, Utah, Virgin Islands, Virginia, Washington