how to create your own project budget and what should you do in order to get the most benefit of your money.

1. Hello
My Name Is Mohamed Karam

2. How to set up a project budget?
1. Understand the basics of budgeting
2. Revenue forecast
3. Budget preparation

3. Understand the basics of budgeting
 What is budget ?

4. Understand the basics of budgeting
 Budgeting is the process of creating a
plan to spend your money.

5. Why is Budgeting so Important?
 it ensures that you will always have enough
money for the things you need

6. 1st
step
Understand the basics of budgeting
Computer Company

8. Updating Computers for serious reasons
like

9. 1st
step
Understand the basics of budgeting
 know each budget element
1-Total costs

10. 1st
step
Understand the basics of budgeting
2- Sales

11. 1st
step
Understand the basics of budgeting
 3- Profits = Sales – total cost

12. Recap

13. 2nd
step
Revenue forecast
 Think about your current situation.
Estimate your total sales

14. 2nd
step
Revenue forecast
 Do market research

15. 2nd
step
Revenue forecast

16. 2nd
step
Revenue forecast
 Evaluate your sales volume

17. 2nd
step
Revenue forecast
 Sales Volume =
Your revenue X the number of goods you
have sold

18. 2nd
step
Revenue forecast
 How sales volume Increase ?

19. 2nd
step
Revenue forecast
 Compare your project to others

20. 2nd
step
Revenue forecast
 Ask

21. 2nd
step
Revenue forecast
 Marketing

22. 2nd
step
Revenue forecast
 Services

23. 2nd
step
Revenue forecast
 Use previous data

24. 2nd
step
Revenue forecast
 Look to your prices

25. 2nd
step
Revenue forecast
 Ratios

26. 2nd
step
Revenue forecast
 Do your market grow ?

27. Recap

28. 3rd
Step
Budget preparation
 Get a template from internet

29. 3rd
Step
Budget preparation
 Call an accountant

30. 3rd
Step
Budget preparation
 Calculate your Profit margin

31. 3rd
Step
Budget preparation
 Question 3 (5 Marks each)
 Karam Bought Computers For 90,000 L.E
and he sold them to Shamy for 100,000 L.E
 Calculate Karam’s Margin Profit With steps

32. 3rd
Step
Budget preparation
 Margin profit = 100,000 – 90,000 = 10,000
 10,000 / 100,000 * 100 = 10%

33. 3rd
Step
Budget preparation
 Calculate fixed cost

34. 3rd
Step
Budget preparation
 Calculate variable cost

35. 3rd
Step
Budget preparation
 variable cost
Transportation

36. 3rd
Step
Budget preparation
 Semi variable cost
Bills

37. 3rd
Step
Budget preparation
 Semi variable cost
Maintenance costs

38. 3rd
Step
Budget preparation
 Collect three types of expenses together and
make adjustments.

39. Finally Ask Your Self 2 Questions
1- Are your total spendings less than your
revenue?
2 - Are you satisfied with your profit margin ?
If No
you will have to lower your expenditure

40. References
 ↑ http://www.investopedia.com/terms/b/budget.asp
 ↑ http://www.inc.com/encyclopedia/businessbudget.
html
 ↑ http://www.entrepreneur.com/article/76418
 ↑ http://articles.bplans.com/how-to-forecast-sales/
 ↑ http://www.score.org/resources/business-plan-
budget-editable
 ↑ http://www.inc.com/encyclopedia/businessbudget.
html
 ↑ http://www.investopedia.com/terms/s/semivariable
cost.asp

41. Any Questions?

42. Thank You