Finance and Accounting

Training Course: Financial Planning & Budgeting for Businesses


Register Now
Quick Inquiry
Discount Group Download Brochure (46)

FI8077

28 Jul - 1 Aug 2025

Madrid (Spain)

Hotel : Pestana CR7 Gran Vía

Cost : 5500 € Euro

 

Introduction

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.

The “Financial Planning & Budgeting for Businesses” training program, developed by Global Horizon Training Center, equips professionals with practical financial tools and strategic budgeting techniques to enhance financial control, improve forecasting accuracy, and align departmental and corporate objectives.

Course Objectives

By the end of this course, participants will be able to:

  • 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

Course Methodology

The course will employ a practical, interactive approach including:

  • Instructor-led presentations and real-life case studies

  • Hands-on budgeting exercises and simulations

  • Group discussions and financial planning workshops

  • Templates, models, and spreadsheets for immediate workplace application

  • Interactive tools for forecasting and performance evaluation

Organizational Impact

By attending this course, organizations will benefit through:

  • Improved alignment between strategic planning and budgeting

  • More accurate forecasts and better use of financial resources

  • Greater financial discipline across departments

  • Enhanced cross-functional collaboration on financial matters

  • Informed leadership with the ability to make data-driven decisions

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

Outlines

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

Finance and Accounting

Training Course: Financial Planning & Budgeting for Businesses


Register Now
Quick Inquiry
Discount Group Download Brochure (46)

FI8077

28 Jul - 1 Aug 2025

Madrid (Spain) - Pestana CR7 Gran Vía

Hotel : Pestana CR7 Gran Vía

Cost: 5500 € Euro


  About Madrid

Madrid is a city that combines its enduring history with its cosmopolitan atmosphere to create a destination that favored amongst tourists from around the world. This is a city that is very much bursting at the seams with life and its vibrant atmosphere, cultural attractions and connection with history ensure travelers have everything they could possibly want from a European city break. At the end of a flight to Madrid, there are sites to see, picturesque streets to roam and, of course, excellent shopping opportunities to explore. Visitors can immerse themselves in Madrid's fantastic local culture, its peerless art scene and world acclaimed fine dining. In fact, there is very little that Madrid doesn't have to offer.


  Things to do and places to visit in Madrid

The only problem travelers will encounter during their visit to Madrid is knowing what to do first. Sampling the mouth-watering tapas, strolling through one of the many excellent museums or even simply soaking up the atmosphere are all excellent options. Spend a sunny day wandering through the splendid squares or marvel at the intricate architecture of the churches.With so many options, flights to Madrid are great for people of any age or inclination.

When visiting Madrid, be sure to:

  • See the superb collection of art is the Museo del Prado.
  • Stroll down the Gran Via.
  • Enjoy the atmosphere of the Plaza Mayor.
  • Wander through the stunning gardens of the Parque del Buen Retiro.
  • See the beautiful mansion of the Museo Lazaro Galdiano.
  • Find quirky fashions in the Fuencarral market.
  • Try some of the many different tapas dishes.
  • Visit the statues of Don Quixote and Sancho Panza in the Plaza de Espana.
  • See the breathtaking Basilica de San Francisco El Grande.
  • Wander the Casa de Campo park, which is five times the size of Central Park.
  • Shop in the luxury boutiques of the Golden Mile.
  • Look for bargains at the El Rasto flea market.
  • See Picasso's Guernica in the Reina Sofia museum.
  • Snack on churros with chocolate.
 22 Portman Square, Marylebone, London W1H 7BG, UK
 3 Oudai street, Aldouki, Giza, Giza Governorate, Egypt
 0020233379764
 00201095004484
 00201102960555
 00201102960666
 19 Mayıs Mahallesi, 19 Mayis Street No 2 Sisli, 34360 Istanbul/Turkey
 00905357839460
 Australia Street, Raouche Beirut, Lebanon .، Beirut, Lebanon
 0096181746278
 811 Massachusetts Avenue, Boston, Massachusetts, 02118, USA
 6 Beirut Street - Fifth Circle Abdoun, P.O. Box 831370, 11183 Amman, Jordan
Copyright Global Horizon Training Center © 2019