The course will go through the following topics in Financial Planning and Budget Management for construction-Series 2 and provide insights to the BC residential builders and professionals:

Integration with Financial Plan

-          Understanding Financial Planning

-          The Power of Financial Planning

-          Why Should We Plan Our Lives and Money?

-          Future Planning Process

-          Financial Planning: A Road Map to Securing a Financial Future

-          Setting Goals

-          Financial Planning, Financial Planning Firms

-          Effective Financial Planning For Businesses

-          Is Financial Planning Necessary For Financial Freedom?

-          Financial Planning Advice

-          Financial Planning: A Planning to Achieve One’s Financial Goals

-          Benefits of Financial Planning

Financial Planning and Budget Management

-          5 Steps to Financial Planning

-          Essential Components to a Financial Plan

-          4 Aspects of Budget

-          Examples of Budgetary Management

-          3 Necessary Skills For Managing a Budget

-          6 Components of a Successful Financial Plan For Business

-          Business Planning, Overheads, Cash Flow

Financial Planning of construction

-          Introduction

-          Financial Planning of Construction

-          Financial Projections, Pro Forma Statement

-          Pricing Models, Break-Even Analysis

-          Overheads Cost, Margin and Markup

-          Pro Forma Cash Flow, Conclusion

Financial Management for Construction in Canada

-          Introduction

-          Financial Management in Construction

-          Accounting, Bookkeeping

-          Financial Statements, What is Financial Performance

-          What is Financing, Conclusion