Know your numbers. Control your money. Make confident business decisions through practical budgeting, costing and cash-flow exercises.
Practical Workshop
Build practical confidence in budgeting, costing, cash flow and everyday financial decisions using simple business scenarios.
Designed for people who need to make better spending and resource decisions—not necessarily accountants.
Business owners, employees and managers regularly make decisions involving money. How much can we spend? Are we making enough? Where is the money going? Can we afford this purchase? What happens if costs increase?
This workshop helps participants answer these questions through simple calculations, realistic business examples and hands-on budgeting exercises.
Build a simple income and expense budget.
Understand money coming in and going out.
Understand revenue, expenses, profit and cash in simple business terms.
Recognise fixed, variable and unexpected costs.
Create a realistic operating budget based on available funds.
Track when money enters and leaves the business.
Identify unnecessary costs and areas for savings.
Compare financial options before committing business resources.
Teams must balance the budget, protect cash flow and justify their spending decisions.
No advanced accounting knowledge is needed to benefit from the practical activities.
Our BTEC qualifications provide learners with many practical, career-based options to create a rich, broad curriculum to engage and motivate learners.
We are fully committed to “furthering the employability potential” of our students as we provide a practical and fun learning environment at COSMO.