American College of California Budgeting Report

Purpose of this Document:

To let you know in advance what the specific BTN requirements are for the entire class. These requirements are from another edition of your textbook at the end of selected chapters. For example, BTN 14-4 is located at the end of chapter 14. Be sure to read the chapter before completing and apply this knowledge in your thread and reply.You may submit your threads in advance of the due dates.BTN stands for “Beyond the Numbers”.

Basic Requirement for each BTN:
The student will be required to write a substantive written thread (between 125–150 words minimum) to these discussion questions. Create your initial posts in MS Word. Feel free to use your
book and Internet as sources. One (1) or two (2) sentence replies will not be graded.

BTN 20-7

Solben sells technology to use in the production of biodiesel. Company founder Daniel Gómez Iñiguez stresses the importance of planning and budgeting for business success.

Required
How can budgeting help Daniel efficiently develop and operate his business? Daniel plans to expand his business. How can a budget be useful in expanding a business's operations?