Budgeting

Knowing the importance of a budget is one thing, making one and sticking to it is another.

Budgeting Header Image

The Chamber recognises the importance of managing money as well as resources and even more so during turbulent and challenging economic circumstances. Luckily, there is good practices that can guide you through this challenging process and provide you with guidance and tools to prepare an accurate, relevant budget. 

Good practice

Video
by Educationleaves
No cost
In this video they discuss " What is Budget, Budgeting and Budgetary control?"
Budgeting is the art of budget making. Budget plays an important role in the development and use of modern cost accounting systems in all types of business enterprises.
Video
by North Dakota Public Health Training Network
No cost
Budgeting is a key piece of an organization’s operational plan. Good budgeting leads to greater financial stability, operational effectiveness and efficiency, and responsiveness to organizational needs and priorities.
Article
by Ramsey Solutions
No cost
Ready to get started? Here are the top 15 budgeting tips!
Video
by Eric Andrews
No cost
In this lesson, you build a corporate monthly budgeting & forecasting template in Excel, creating internal department-level budgets that you integrate into the income statement, with a downloadable template included.
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