Basic Financial Management for Projects

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DESCRIPTION

The deck covers basic financial management and it focuses on budgeting. Deck is targeting youth and those who have no financial knowledge. This was prepared specifically for the Youth Nation Summit 2011

Citation preview

•WHY FINANCIAL MANAGEMENT•BUDGET•MANAGING INCOME •MANAGING EXPENSES•LOCK DOWN COMMIITMENT•MONTHLY STATEMENTS•SOME GOOD PRACTISE

WHAT WILL I COVER?

Only basic info is covered targeting youth with potential projects

WHEN DO YOU NEED FINANCIAL

MANAGEMENT?

WHY YOU NEED FINANCIAL MANAGEMENT?

SIMPLE WORKSHOP

• The entreprenuer club of a university is organizing IT & Mobile Expo the 26th & 27th August 2011.

• What needs to happen before you do a budget – Business & revenue model

• Objective : Raise funds for the club• Target number of vendors:• Value proposition to vendors: Online and Onsite sale• What are the potential revenue sources ?• What are the costs of events?• Operating costs?• Duration?

Sample budget