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Make Business Plans: Forecasting and Budgeting

Make Business Plans: Forecasting and Budgeting

( 6 Reviews )

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1 hour, 33 minutes

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11 Curriculum

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0 Students

£189

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  • video Lecture-1 – Why Budget and Forecasts
    00:11:00
  • video Lecture-2- Is budget planning a paper exercise
    00:05:00
  • video Lecture-3- Operational and Financial Budget
    00:07:00

Course Overview

In the business sector, a well-known proverb goes, “Failing to plan is planning to fail.” This adage emphasises how crucial a well-structured business plan is to guide initiatives towards success. This “Make Business Plans: Forecasting and Budgeting” course is a lighthouse in the corporate world, shedding light on the complex practice of business planning. Budgeting and forecasting are the cornerstones of an extensive business plan. These essential components are skillfully integrated into this course. 

The course material is presented methodically, beginning with an introduction that clarifies the significance of forecasting and budgeting. The lectures dive into discussions on the usefulness of budget planning and the distinctions between operational and financial budgets. Then, it examines the complexities of cost and revenue budgets and uncovers qualitative elements essential to company planning. The last lesson explains how to create a budget, focusing on logical stages, information requirements for revenue budgets, and a thorough example showing the complex relationship between operational plans, revenue, and cost budgets.

We offer this QLS-certified course to students as an invitation to take them on a life-changing adventure into the core of business planning. Enrol now to master the art of business planning through forecasting and budgeting.

Key features

Learning Outcome

Course Details

  • 5+ hours of video lectures and digital resources are available on demand.
  • Learn at your own speed with affordable, high-quality E-learning content. 
  • When you finish the course, you will be given a certificate of completion.
  • Enhance your resume from a globally recognised Accredited Qualification.
  • You’ll discover how effective salespeople use a researched and proven technique to boost their careers.
  • You’ll be able to successfully implement several practical sales strategies and have a deeper understanding of your consumers.

Learners who are considered to be in the following categories find this “Make Business Plans: Forecasting and Budgeting” course most relevant to their jobs and studies: 

  • Entrepreneurs and business owners who are attempting to create detailed plans for long-term, sustainable company expansion
  • Financial analysts who are eager to improve forecasting abilities for precise financial analysis and estimates
  • Aspiring managers who require knowledge of budgets to make wise decisions to oversee groups and divisions 
  • Managers of small businesses who are striving to maximise funds and streamline operations to increase profitability
  • Graduate students who are studying business and looking for real-world experience in forecasting and budgeting to support classroom learning
  • Career changers who are making the move to business roles to gain a foundational understanding of planning
  • Unit-1. Introduction
    Lecture-1 – Why Budget and Forecasts
    Lecture-2- Is budget planning a paper exercise
    Lecture-3- Operational and Financial Budget
  • Unit-2. Detail Budget Requirement
    Lecture-4 – Components – Revenue Budgets
    Lecture-5 – Components – Cost Budget
    Lecture-6 – Qualitative Aspects
  • Unit-3. Process of Making Budget
    Lecture-7- Process of Budgeting – Logical Steps
    Lecture-8 – Revenue Budget – What Information we need to make revenue budgets
    Lecture-9- Example we used in Class to demonstrate a broad process in budget and planning
    Lecture-10 – Cost Budget Process – Link from revenue and operational plan
    Lecture-11-Cost Budget Process – Other aspects

Learners must submit a comprehensive summerised assignment on all the units that will be assessed by our expert tutor if all the learning outcomes are met as per the standard set by QLS. After the quality check, learner will be provided with the “Make Business Plans: Forecasting and Budgeting” certificate.

An endorsed certificate will be issued to learners at the end of the course as recognition of course completion. Provided that learner completes all the assessment of a course can claim for certificate. 

QLS endorsed this certified course as a highly qualified, non-regulated provision and training programme. There will be a trainer to answer all your questions including your progression routes into further higher education. It is a non-accredited course.

There are no  formal requirements needed for this “Make Business Plans: Forecasting and Budgeting” course. So learners do not require any prior qualifications to enrol in this course. 

The “Make Business Plans: Forecasting and Budgeting” course is related to the most demanding jobs in the industry, including: 

  • Financial Analyst: £25,000 to £60,000 per year
  • Business Analyst: £25,000 to £60,000 per year
  • Financial Controller: £35,000 to £80,000 per year
  • Management Accountant: £25,000 to £60,000 per year
  • Budget Analyst: £25,000 to £50,000 per year
  • Planning and Forecasting Manager: £40,000 to £90,000 per year
  • Strategy Manager: £40,000 to £80,000 per year
  • Financial Planning and Analysis (FP&A) Manager: £45,000 to £100,000 per year

Course Reviews

4.7

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Course Info

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Lessons : 11

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Assignments : No assignments

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Duration : 1 hour, 33 minutes

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Access : 1 year

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Enrol now, pay later in easy instalments(Interest free) with Clearpay.

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