Introduction to Budgets
This module will give those working in the creative industries an overview of how to develop and manage a budget. It will explore the fundamentals of budgeting and provide top tips for how to achieve financial success.
At the end of this module, learners will:
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Be more confident to develop budgets for their projects/businesses.
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Understand the components of a budget, and how to build one.
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Understand the concept of full cost recovery and how to apply this to their work.
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Understand three different approaches to developing a budget and make decisions about what is the most appropriate approach for their own work.
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Have a series of tools to support the ongoing management of budgets.
What is a budget and why is it important?
What are the key components of a budget?
Understanding full cost recovery
How to work with a budget
Different approaches to budgeting
Conclusion
