Advanced Budgeting For Business

Master advanced budgeting: capital budgeting, rolling forecasts, KPIs, & strategic financial planning.

What you'll learn

Apply advanced budgeting techniques such as Zero-Based Budgeting (ZBB), Activity-Based Budgeting (ABB), and rolling forecasts to real-world business scenarios.

Conduct scenario planning and sensitivity analysis to prepare flexible, responsive budget models.

Evaluate capital investment opportunities using key financial metrics, including Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, and PI.

Assess and manage risk in capital budgeting decisions to support long-term business sustainability.

Align budgeting processes with overarching business strategy to drive performance and growth.

Develop and utilize Key Performance Indicators (KPIs) to monitor and improve financial performance.

Integrate operational and financial plans to ensure cohesive and actionable business planning.

Identify common budgeting pitfalls and leverage advanced tools and software to create more effective, strategic budgets.

Requirements

To get the most from this course, it is recommended that you have a basic understanding of business budgeting concepts, financial statements, and Excel or spreadsheet software. If you completed my Budgeting for Business (Part I) course, you are well-prepared to continue here.

You will need access to spreadsheet software such as Microsoft Excel or Google Sheets to complete the hands-on activities and templates provided throughout the course.

If you are newer to advanced budgeting concepts but are comfortable working with spreadsheets and eager to deepen your financial planning skills, you are welcome to join! The course includes guided examples and downloadable tools to help you learn step by step.

Description

Ready to take your budgeting skills to the next level?Advanced Budgeting for Business builds directly on the foundation established in Budgeting for Business Part I, helping you move from tactical budgeting to true strategic financial planning.In this advanced course, you'll explore powerful tools and techniques that professional financial managers and business owners use to drive growth, manage risk, and align budgets with business strategy. You'll gain hands-on experience with advanced budgeting approaches such as Zero-Based Budgeting (ZBB), Activity-Based Budgeting (ABB), and rolling forecasts, giving you the flexibility to plan in a dynamic business environment.You'll also dive into capital budgeting and investment analysis, mastering methods like Net Present Value (NPV), Internal Rate of Return (IRR), and scenario planning to evaluate major investment decisions with confidence.Finally, you’ll learn how to integrate operational and financial plans, track success with Key Performance Indicators (KPIs), and communicate financial plans to stakeholders.Whether you’re an entrepreneur, department leader, or aspiring finance professional, this course will equip you with the advanced budgeting skills needed to make sound decisions, guide your organization’s financial future, and stand out as a strategic thinker.If you’re ready to go beyond the basics and budget like a pro — this is your next step.

Overview

Section 1: Introduction: Advanced Budgeting Techniques

Lecture 1 Introduction

Lecture 2 Introducing Sunset Bloom Organics (Our Fictional Case Study)

Lecture 3 Zero-Based Budgeting (ZBB)

Lecture 4 Activity-Based Budgeting (ABB)

Lecture 5 Rolling Forecasts and Continuous Planning

Lecture 6 Scenario Planning and Sensitivity Analysis

Lecture 7 Section 1 Wrap Up

Section 2: Section 2: Capital Budgeting and Investment Analysis

Lecture 8 Understanding Capital Expenditures

Lecture 9 Net Present Value (NPV) and Internal Rate of Return (IRR)

Lecture 10 Payback Period and Profitability Index

Lecture 11 Evaluating Investment Projects

Lecture 12 Risk Assessment in Capital Budgeting

Lecture 13 Section 2 Wrap Up

Section 3: Section 3: Strategic Financial Planning

Lecture 14 Aligning Budgets with Business Strategy

Lecture 15 Key Performance Indicators (KPIs) and Budgeting

Lecture 16 Integrating Operational and Financial Plans

Lecture 17 Long-Term Financial Planning

Lecture 18 Communicating Financial Plans to Stakeholders

Lecture 19 Section 3 Wrap Up

Section 4: Section 4: Practical Application and Case Studies

Lecture 20 Case Study: Implementing Advanced Budgeting in a Mid-Sized Company

Lecture 21 Case Study: Capital Investment Decision in a Manufacturing Firm

Lecture 22 Case Study: Strategic Planning in a Service Industry

Lecture 23 Common Pitfalls and How to Avoid Them

Lecture 24 Tools and Software for Advanced Budgeting

Lecture 25 Section 4 Wrap Up

Section 5: Section 5: Course Wrap-Up and Next Steps

Lecture 26 Review of Key Concepts

Lecture 27 Developing Your Advanced Budgeting Toolkit

Lecture 28 Final Thoughts and Course Conclusion

Entrepreneurs and small business owners who want to move beyond basic budgeting and leverage advanced financial techniques to support growth and investment decisions.,Managers and department heads who contribute to budgeting and strategic planning processes and want to build stronger financial decision-making skills.,Financial professionals and analysts seeking practical, hands-on experience with advanced budgeting, capital budgeting analysis, and strategic financial planning.,Graduates of my original Budgeting for Business course who are ready to take their skills to the next level and apply more sophisticated tools and techniques.,Anyone responsible for business financial planning who wants to confidently analyze investment opportunities, plan for multiple scenarios, and align budgets with business strategy.,Whether you're leading a growing startup, managing an established team, or pursuing a more strategic role in your organization, this course will help you budget and plan for success with confidence.