This course is intended for managers of small businesses and junior managers of business units in larger organisations. The term business unit in this unit standard implies a small business, cost center, section or department. 

Junior managers include, but are not limited to team leaders, supervisors, first line managers and section heads. The position’s term is used to describe the first level of management in an organisation at which an employee has other employees reporting to him/her.

The qualifying learner is capable of:

• Explaining the concept of budgeting in a business unit.
• Analysing the budget needs of a business unit.
• Presenting and justifying a proposed budget for a business unit.
• Monitoring and controlling actual expenses and revenue against projected expenses and revenue.