Finance: Budgets and Forecasts
Finance: Budgets and Forecasts
I have learned today how important budgets is. I have learned why you have budgets and how you implement it. Very insightful.
Finance 101
I am really enjoying Tony's sessions. Traditionally Martin used to sort our all the finance issues for Nclose, but as time goes by and my understanding increases I am taking over some of the responsibility.
Budgets and Forcasts
I managed to get deep understanding of budgets and forecasts such as how to decide budgets and negotiate with every one in a company, to keep monitoring actual vs budgets on ongoing basis and the level of detail one should go when deciding budgets.
Finance: Budgets and forecasts
I cannot begin to express my gratitude for the finance sessions. I am overwehlmed at the fact that it was the worst part of running my business.Sustainability was my main concern. Thanks to Tony and David I am enjoying every step of my learning process on the velociti programme. I now realise that a forecast is where I want my company to be in the future. It is setting realistic and achievable gaols and steering the company in the desired forecast direction. :-)
Breadbin's comments
Although I was not able to attend this presentation/discussion, the homework helped me get clarity on how I budget and where work is needed to better control Breadbin's financial's. Thanks Tony


The main thing I learned today was that we need to put more effort when we compile our budgets. Instead of just a thumb suck we can use info from the previous sessions and compile a more accurate budget. This will make reaching targets even more exciting.