Financial Planning & Budgeting for Businesses

Why Attend

In a fast-paced and competitive business environment, financial planning and budgeting are vital tools for driving sustainable growth, aligning resources with strategic goals, and ensuring long-term profitability. Effective budgeting not only controls expenditures but also provides a framework for informed decision-making and performance measurement.

Overview

Course Outline

Schedule & Fees

Course Methodology

Instructor-led training that uses interactive learning methods, including class discussion, small group activities, and role-playing

Course Objectives

Understand core concepts of financial planning and budgeting; Develop comprehensive financial plans aligned with organizational goals; Prepare and manage operational and capital budgets; Use forecasting techniques and variance analysis to improve financial performance; Implement best practices for cost control and resource optimization; Enhance communication between finance and other departments

Target Audience

This program is ideal for: Corporate Affairs & Support Services professionals; Department heads and business unit managers; Financial analysts and budget officers; Project managers responsible for cost control; Anyone involved in planning, forecasting, or financial reporting

Target Competencies

n/a

Day 1: Fundamentals of Financial Planning

Objectives and components of financial planning
Role of financial planning in business strategy
Understanding financial statements and performance indicators
Linking operational goals to financial outcomes

Day 2: Budgeting Principles and Frameworks

Types of budgets: operational, capital, cash, and master budgets
Top-down vs. bottom-up budgeting approaches
Setting financial targets and budget assumptions
Tools for preparing departmental budgets
Exercise: Developing a departmental budget plan

Day 3: Forecasting and Financial Analysis

Forecasting methods: historical trends, regression, and scenario analysis
Sensitivity and “what-if” analysis
Revenue and expenditure forecasting
Variance analysis: identifying gaps and taking corrective actions
Case Study: Budget vs. Actual Analysis in a real business scenario

Day 4: Cost Control and Resource Allocation

Cost classification and behavior
Identifying cost drivers and reducing inefficiencies
Activity-based budgeting (ABB) and zero-based budgeting (ZBB)
Strategic resource allocation and prioritization
Interactive Exercise: Building a cost-control plan

Day 5: Strategic Budgeting and Financial Decision-Making

Integrating budgeting into strategic planning
Evaluating investment projects using financial tools (NPV, ROI, Payback)
Communicating financial plans to non-financial stakeholders
Dashboard reporting and performance tracking

$4475

Rome

Country: Italy

Duration: One week

Date: 13–17 Oct 2025

$4475

Geneva

Financial Planning & Budgeting for Businesses

Overview

Course Outline

Schedule & Fees

Course Methodology

Course Objectives

Target Audience

Target Competencies

$4475

Country: Italy

Duration: One week

Date: 13–17 Oct 2025

$4475

Country: Switzerland

Duration: One week

Date: 09–13 Feb 2026