Financial Planning and Budgeting
Cost: £265
Duration: 1 day
Content:
Overview of business plans
Marketing, Operations, People and Organisation, Finance
Budgets and forecasts
Terminology
Budgets for Profit & Loss, Cash Flow and Balance Sheet
Cycle of cash
Costing and pricing
Managing in action - reporting, monitoring and controlling
Examples and exercises
Who is it for? Non-financial directors or managers and department budget holders as well as technical specialists who are required to develop or use business plans and budgets, and take key decisions on the costing and pricing of products or services. Anyone who prepares or uses budgets in their work. You could be heading up a business, a non-profit organisation, a division, an operating unit or a major new project.
Description:
Financial planning and the preparation of budgets are essential skills for anyone in a position of responsibility. Many budget holders are also responsible for setting selling prices and controlling costs and this course will help you to understand the language and processes of budgeting, costing and pricing. Those who do not plan run a very high risk of failure. If you do not know where you are going there is very little chance you will arrive.