managing a publishing enterprise lesson 7 (ambedkar university)
DESCRIPTION
Building expense budgets for the publishing pipeline.TRANSCRIPT
Los Angeles | London | New DelhiSingapore | Washington DC
Managing a Publishing HousePost Graduate Diploma in
Publishing
Ambedkar University, New Delhi
Lesson 7 – Expense Budgets
What is a budget?
Budget: A quantitative (numerical) representation of an estimated plan, in a defined period.
Three key elements:●Number (value)●Plan period●Assumptions
Budget basics (Numbers)
Rupee value determining the cost of ●A person (salary, bonus, CTC)●Co-related expenses: travel, food ●A service (typesetting, printing)●An expense (book launch, sponsorship)●Work in progress
Budget basics (Plan period)
Time expressed as money payable ●To a person working for a company (full year, part year)●Co-related expenses (monthly, quarterly, yearly) ●A service (monthly, quarterly, yearly)●An expense (monthly, quarterly, yearly)●Work in progress (until project completes)●Allocation (when work is completed OR life of the product)
Steps to creating a budget for acquisitions (assumptions)
Steps to creating a budget for editorial/production (assumptions)
Steps to creating a budget for marketing (assumptions)
Sample budget document
About me
@sageindiceo
in.linkedin.com/in/vivekmehra03/
www.vivekmehra.in
[email protected]@gmail.com
www.slideshare.net/vivekmehra03/