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Business Budgeting 101 - Learn the basics of business budgeting

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Clara CFO Group

To get the entire profit planning (strategic budgeting) class mentioned in this video for 50% off, go to: https://learn.claracfo.com/profitpla...

Budgeting in your business is different than budgeting for your personal finances. You need to plan the entire year ahead of time, not just the current month!

We want you to be strategic and thoughtful in planning for the next year's financials, so we've put together some budgeting basics and things to think about whether you are a firsttime budgeter or an experienced planner.

In this video Hannah goes through:
0:00 Budgeting Season
1:42 Why Budget?
3:42 What is a Budget?
5:45 How do we use a budget?
8:35 How do we create a budget?
12:30 How do we report on the budget?

I also mentioned Jirav for budgeting in this video. If you are curious about Jirav and want to schedule a Demo, you can do so here: https://claracfo.com/jirav'>https://claracfo.com/jirav

To learn more about CFO services, go to: https://claracfo.com/cfoservices/'>https://claracfo.com/cfoservices/

Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! https://claracfo.com/QBO'>https://claracfo.com/QBO

‍♀‍Got Employees? Talk to ADP! They can help you if you are a small business owner or an accountant or advisor who works with small businesses. Learn more here: https://claracfo.com/adprun'>https://claracfo.com/adprun

Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! https://claracfo.com/melio'>https://claracfo.com/melio

(As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases)

Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/

Disclaimer: This video is intended for educational purposes and
should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.

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