Step by step processes to crafting a budget from the beginning What are the different types of budgeting Understand the basic difference between a budget and a forecast Budgeting Sales and understand how to plan the current years sales Clearly understand the process of budgeting under varying scenarios such as, budgeting for a new business, budgeting for a payroll, cash budgeting, capital budgets, production and raw material budgeting and project management budgeting How does budgeting for fixed expenses vary from budgeting for variable expenses Learn about monthly allocations.