How To Build A Startup Company Budget! A Step-By-Step Guide.

A budget is a crucial task for a company of any size, but especially for a startup company. Let's walk through the process of creating a budget for a startup manufacturing company.
Free Download of My Accounting Interview Checklist:
thefincontroll...
------------------------------------------------------------------
📈 Get $25 off MY ONLINE COURSE ON FINANCIAL METRICS
thefincontroll...
Use Coupon Code: Save25
-------------------------------------------------------------------
My Recommended Products (I will only share what I love ❤ here)
⚪️ 📸 My camera: amzn.to/3hXFSuj
⚪️ 📢 My Mic: amzn.to/2G0bu5s
⚪️ 🔦 My studio lights: amzn.to/301vAU3
⚪️ 🧠 Roger CPA Review Course (get 50% off): www.uworld.com...
⚪️ 📚 Learning//SkillShare (get 2 weeks free): www.skillshare...
My Recommended Finance & Accounting Books 📚+🧠=💥
⚪️ Auditing: amzn.to/361wJhZ
⚪️ Forensic Accounting: amzn.to/2G6t9bo
⚪️ Introduction to Finance: amzn.to/2ExgUEA
⚪️ Introduction to Managerial Accounting: amzn.to/33SEyE4
---------------------------------------------------------------------
Hang Out with me on social media:
JOIN MY FACEBOOK GROUP HERE:
🙋🏼‍♂️www.facebook.c...
FOLLOW ME ON INSTAGRAM:
📸 / the_financial_controller
DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
All views expressed on my channel are mine alone. Not intended as financial or professional advice.

[@MarksmanSpecialist]

You don't know how invaluable this is to me, I have worked in finance many year but I was too focus on the micro detail that I lost track and not seeing the overall picture and how each segment interlinks and interact. I have been struggling for years trying to move up the ladder and I don't know why it took this long but I'm glad finance professional like you have enter the RUclips space to teach practical finance knowledge with brief and concise easy to understand information, it was like an epiphany every moment matching to my overall work experience. It took me a long time to land a new higher level title with higher responsibility, and I want to step up to the plate and take it more serious in my career. I want to thank you so much, words can not describe how grateful I am for the high quality content you have put out. I hope down the line I can inspire new up and coming finance juniors people and show them the rope, but right now I look forward to this new exciting challenge.

[@TheFinancialController]

Thanks for the kind words and subscribing!

[@LatinGlamwithme]

This is invaluable thank you for doing these videos ❤

[@wannabedal-adx458]

This is great and fairly straight forward. Your video goes a layer deeper than what I have seen in the past on this subject. Unfortunately my two biggest info gaps are, 1) starting from absolute zero in a startup, and 2) how to find the numbers to go into a ground zero with regards to revenue assumptions. Thanks

[@simasaeedi7829]

Best info and presentation ever...thank you so much!!

[@TheFinancialController]

Glad it was helpful!

[@shaikhhossain4762]

I enjoyed it very much. Good stuff. How to set a target? Maybe forecasting? If so, would you please upload a vivid video tutorial on "Forecasting and Planning"? Thank you so much for your tireless effort in educating us financially.

[@MuVidsofficial]

As a growing Accountant your platform is very helpful for me… thank you verymuch

[@Sisi88991]

Your videos are so valuable to me. I have watched several videos for budgeting on RUclips. Yours is the best. Thank you!

[@kennymunalula3119]

Hi you really get what you give, this content is extremely valuable. WISHING YOU ALL THE BEST FOR SHARING THIS.

[@kennymunalula3119]

I subscribed and saved the video.

[@amarekefyalew4385]

Intersting topic! A question i have is that how a start-up company can have current financial information unless it reflects the industry marketing research findings?

[@choudry2626]

very well explained. thank you so much. I am an MBA student ,unfortunetly non of these materials are though in colleges.

[@TheFinancialController]

🙏 thank you

[@sceptic_thinking]

Wow that was super simple and straight to the point. Thank you
Great video

[@ravikiran2345]

Thank you Billy it was very well explained and helpful alot, it would be helpful if you could do a video for service industry too..

[@tomevans4902]

I have watched so many of these videos but I completely understand this! thanks so much

[@Humblyguided]

Beautiful❤ very insightful video tutorial you have shared, thank you so much its helps me to do more accounting learning a go!

[@Mad1080]

Great Sir... Excellent explanation... Can you please make a video on how to construct a real time budget in Excel??

[@joydaniels6474]

Good request

[@yinyin7614]

Great Video. Thanks for sharing. Very practical, recommended.

[@khanathervlog]

Very informative video, keep it up

[@TheFinancialController]

Thanks a lot

[@malamofficial7558]

Thank you for sharing ❤❤❤❤

[@TheFinancialController]

You are so welcome

[@annieo.9887]

Well done Bill. Please make a video on different ERPs used in startups & big firms. Thanks.

[@TheFinancialController]

Sounds like a great topic

[@TheFinancialController]

Will do

[@annieo.9887]

Thanks

[@NirmalKumar-kl3wh]

Excellent knowledge gained over the budget. Keep it up! Good work. I want to know more about the budgeting. Please recommend.

[@TheFinancialController]

Thanks

[@raddinox2707]

This is a good explanation, but in my opinion it is not a Step-By-Step guide for a Startup. Because you are using historical data, for example Revenue sales for previous year and Revenue cost from historical numbers... if it is a Startup there is no Historical numbers, I want to know how to break down the first budget when there is no historical data

[@joydaniels6474]

Excellent observation.

[@marcogrunenfelder7346]

Liked the video, maybe a bit heavy usage of sound-effects.
In a future video you could talk about the Beyond Budgeting Modell.

[@TheFinancialController]

Will do. Thanks for the feedback on sound.

[@TrueGuidanceonline]

Good 👍

[@poonamdeshpande9371]

Hi Bill, thank for sharing this vedio. Request you to make vedio on Forecasting as well. Thank you.

[@rukam3]

Thanks for the review.

[@TheFinancialController]

My pleasure!

[@angelopitruzzella3985]

Thanks for your videos!

[@munirumutebi5805]

Thanks

[@yadiravillanueva1416]

Excelent Material. Thank for sharing

[@TheFinancialController]

Thank you!

[@MrRODNEYTWO]

Miss titled this is for an ongoing company not a start up

[@BigBen11]

great knowledge shared

[@ramajaya811]

Thank you so much Billy

[@TheFinancialController]

Glad you liked the video

[@sharonragathillary7196]

Great video 🤝🏼

[@rosmaryalgarin9292]

excelent thanks once again for the advice

[@TheFinancialController]

Always welcome

[@ahmedismail717]

Very good topic thank you

[@TheFinancialController]

Thanks 🙏

[@raheelkhan574]

great stuff , Loved it

[@TheFinancialController]

🙏 thanks

[@nakulgarg2508]

Amazing. Thanks for sharing. 💪💪

[@TheFinancialController]

Glad you liked it!

[@rebeccak-d8561]

Excellent content!

[@TheFinancialController]

Thanks Rebecca!

[@MuVidsofficial]

Can you share with me any format to prepare budget pls?

[@shawn8847]

Love this channel

[@TheFinancialController]

Thanks Shawn

[@MohamedMohamed-ub7lb]

You're the best

[@MyMaxibaby]

Great job

[@TheFinancialController]

Thank you!

[@talentedgirl7182]

Why sound is so less.

[@scotolivera8207]

cool

[@poonamdeshpande9371]

Hi Bill, I have some more questions, I just want to know if sales is not achieved as per budget in terms of sale. Expense is absolutely under control in this case as a finance person what should be my action to the same. How do I highlight the management.

[@TheFinancialController]

Missing sales budget often means lowering rest of year expense budget (revised budget)

[@peterbradshaw8018]

How many of those books in the background have you read? I see Nietzsche and Pascal......

[@TheFinancialController]

Unlike Nietzsche I am a big optimist 😜

[@peterbradshaw8018]

@@TheFinancialController Oh how I wish I could join you in your optimism .

[@grownlady5023]

Best info and presentation ever...thank you so much!!