Budgeting and Forecasting for Non-Financial Personnel

Why Should You Attend:

Budget is the process of allocating resources to prioritized needs of an organization. The budget is the plan usually expressed in financial terms. Planning consist of an organization’s process of defining its strategy, direction, allocating resource, setting goals, determining actions to achieve these goals, mobilizing resources, how to make decisions to pursue this strategy, and how to execute those actions.

This webinar will help participants understand the process, various techniques, general accepted accounting practices, budget concepts, major phases, how to format a budget plan, how to format a forecast and the different profiles used in strategic planning plus how to establish financial targets and control costs.

Businesses have become immensely competitive. Fewer resources wasted, resources mobilized, setting directions and action. This webinar will begin optimization process and may extend to control mechanisms for guiding the implementation of the budget. This webinar will help you find the dots and connect them via budgeting, forecasting and strategic thinking.

Learning Objectives:

• Learn how to present ideas in financial terms for greater impact
• Gain confidence with figures and facts
• Understand fundamentals of inventory planning
• How to increase your competitive position by understanding numbers
• How to analyze inventory performance and decision making
• Learn fundamentals of inventory management
• Financial impact of inventories
• How to evaluate your current system’s strengths and weaknesses
• Characteristics of successful strategic competition
• Inventory controls

Areas Covered in the Webinar:

• Necessity of planning for accurate numbers
• Characteristics of successful budgeting, forecasting and strategic planning
• How to limit risks and costs with making financial decision
• How to outline a budget, forecast and strategic plan
• How to prepare a budget, forecast and strategic plan
• How to manage loss of productivity, customer satisfaction, quality issues, employee morale
• How to present ideas in financial terms for greater impact

Who Will Benefit:

• Business Owners
• Department Managers
• Managers, Supervisors
• Team Leaders, Employees
• Anyone new to budgeting, forecasting, planning
• Anyone who wishes to increase or refresh their knowledge in these areas

Instructor Profile:

David E Sanders is widely considered one of the nation’s leading expert on accounting, accounts payable, accounts receivable, collections, budgets, personal finance, personal income taxes, business taxes, business set up, sales and use taxes, non-profits, accounting internal controls, fraud, vendor and supplier management. He has conducted over 5, 000 public seminars worldwide and 2,500 company on-sites training sessions.

The author of four acclaimed books, 25 seminar workbooks, numerous training tapes, he holds seminars and conferences nationwide, he breaks things down into easy to understand steps that you can implement immediately. He was an endorsed local provider/consultant for the Dave Ramsey Show covering the whole Greater Cincinnati and Northern Ky. Area; he has appeared on Fox Business Network TV and WQRT/ WLW Radio as a national business specialist/consultant.

Mr. Sanders has a wealth of experience to share that is supported by impeccable financial credentials including over 36 years’ experience in the financial industry and holds numerous degrees including accounting, business administration and finance.

Follow us :