Why book this course?
Budgeting plays a key role in business planning, enabling you to monitor performance and keep an eye out for ‘danger signs’. Without it, you can easily find yourself missing key indicators that something is wrong, and finding yourself in an unnecessary hole.
Our Financial Planning & Budgeting course will help delegates to prepare budgets and make informed budgeting decisions. By the end of the course, you’ll be able to effectively discuss financial information with business partners and colleagues, and make decisions based on practical knowledge and proper planning.
Who is the course for?
This course is ideal for business managers who do not have an accountancy or finance background, and want to better understand how their work impacts budgets.
The skills taught on this course will foster better planning and communication, as well as improving your general understanding of key financial terminology and concepts.
What content will the course cover?
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Overview of business plans
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Marketing, Operations, People and Organisation, Finance
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Why budget?
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Terminology
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Budgets for Profit & Loss, Cash Flow and Balance Sheet
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Cycle of cash
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Costing and pricing
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Using budgets to manage and control the business.
What will I get out of the training?
You will begin by reviewing the broad objectives and content of a business plan, before moving onto an examination of the “cash cycle” as the foundation for preparing budgets and managing results. You will also explore the drivers of cost within a business, and the many approaches to setting prices.
At Kent Trainers, we’re proud to adapt our courses to the needs of businesses across the region. Our Financial Planning & Budgeting course uses practical exercises and individual feedback to tailor the course to your needs. By discussing issues with your trainers and peers, you’ll gain an understanding of finance that applies to your role and bolsters your skill set.
What is the duration of this course?
This is a 1 day course.
The timings and format for our courses are as follows:
- Scheduled training courses held virtually
Unless specified, courses commence at 9:30am and finish at approximately 4:00pm. The day is broken up into modules, both online and offline to ensure engagement and interaction. We also ensure that there are plenty of comfort breaks throughout the day.
- Scheduled training courses held at one of our venues
Courses commences at 9:30am and finish at approximately 4:30pm. On all our scheduled courses, a hot lunch is included, and refreshments are provided throughout the day.
- In-house & bespoke courses, held virtually or at a venue of your choice
For all in-house training courses, we will adapt the timings and format for the day around the needs of your team and business. Please contact us to discuss your requirements.