Turn your budget process into the most important management tool of your company. Budgets can be stressful, political, and frustrating.  This powerful hands-on course will demystify budgeting and show you how to turn budgeting into a powerful planning process.  The course objective is to improve efficiency, profits, and results as it relates to budgeting. You will be able to develop, negotiate and administer budgets with confidence and skill whether you are a private company focusing on increasing profit, a non-profit focusing on maximizing your mission, or a government entity trying to accomplish your objectives.

What You Will Learn in This Course:

 

 Learn six keys to a powerful budget system.

 

 Discover how to prevent budget overrun with flexible budgeting methods and cost behavior analysis.

 

 Learn the difference between the operating, cash, and capital budgets and how to understand and project them.

 

 Use cost/volume profit analysis to make critical decisions to lower fixed costs and maximize profit.

 

 Learn negotiating strategies to get more than ever before.

 

 Use a proven method to quantify and justify capital assets to senior management.

 

 Enjoy a powerful hands-on exercise that will show you how to prepare any budget.

 

 Apply a sensitivity analysis that will enable you to identify potential budget overruns and how to prevent them.

 

 Discover proven methods to trim fat and maintain fixed costs.

 

 Learn how to develop a budget from start to finish.

 

Discover the five common problems of new an inexperienced budgeter.

Course Version/Length :

1 day

Class Size (recommended) :

15-20

Assessments/Materials Needed :

Manual

Certification Available :

No

Course Material :