Business Planning and Budgeting for sustained profitability
Date : 21 January, 2025
Venue : IMTMA Technology Centre, Bengaluru
 
LAST DATE FOR REGISTRATION 14 January 2025
INTRODUCTION
 

Business planning and budgeting are critical to the success & sustainability of a business. Business exists for profits – if not for any other purpose. And business pundits have often remarked that "Nobody plans to fail, they fail to plan". Hence a business must be planned and it is critical to ensure that the actual outcomes confirm to plans, be it either in the short term or in the long term.

Every business owner needs to understand how to make a business plan and plan a budget to ensure they run a Sustainable & Profitable Business. There is tough competition both globally and in the domestic market, it is all the more important to have a clear system of tracking the business and take appropriate actions to enhance Business Performance. Companies having a robust system to manage their business are often preferred in the Global Market thereby holding an edge over competition.

Keeping this in view, Indian Machine Tool Manufacturers' Association is organizing a training program on Business planning and Budgeting for sustained profitability through Good manufacturing practices.

FOCUS AREAS
 
KEY TAKE AWAYS
  • What is a Business plan?
  • Importance of Business Plan.
  • How to prepare Business plan that works
  • What is a budget and its importance
  • How to prepare and monitor the budget
  • Enhance Profitability and Operational Performance thru Good Manufacturing Practices (GMP).
  • How to improve Employee Engagement at all levels.
  • Tips to handle business-Post Covid scenario.
 

After undergoing the programme, the participants will be able to -

  • Know the process to prepare a Business plan & Budget
  • Understand how long term business planning is done
  • Know how to build in risks into the business plan
  • Integrate Business plan/Budget with GMP
  • Monitoring and Improving on the plan which is the KEY to profitability.
     
PARTICIPATION FEE

Rs. 6600/-
+18% GST

IMTMA Members/ Micro Companies/ Individuals/ Educational Institutions / Students/ IMTMA Non Members/ Others

USD 260/-

Overseas Participants

Group Concession : 10% for 3 to 5 and 20% for 6 and more delegates being nominated from the same company

 
Participant Profile
 

CEO's, Plant Heads, HOD finance, HOD's of Production,Quality,SCM,Maintenance,Design,HR

 
Faculty
 

This program will be delivered by Mr B S Raghavendra.

Mr B S Raghavendra is a qualified Mechanical Engineering professional with over 32 years of experience in Manufacturing Operations. He has extensive experience in driving operational and manufacturing excellence (Business Excellence) in reputed Auto/Aerospace / Non-automotive industries. He has the ability to enhance the efficiency of the entire business process of the industry using Good Manufacturing Practices(GMP) and Lean Manufacturing systems effectively resulting in a profitable World Class Organization. He has worked with leading manufacturing organizations such as Maini Precision Products Pvt ltd, Rane(Madras)Ltd, Hampson Industries, Electrolux India, Videocon Appliances, Suprajit Engineering Group, Nash Industries, Aequs Aerospace and Duroshox Ltd. He is a Certified ZED Assessor and Master Trainer.

For Registration Contact
Shruthi GS
Programme Coordinator
9886331231
shruthi@imtma.in
Back End Operations
9742626488
enquiry@imtmablr.com
Contact Address

INDIAN MACHINE TOOL MANUFACTURERS' ASSOCIATION
@ BIEC, 10th Mile, Tumkur Road, Madavara Post,
Bangalore - 562 123

Mob : +91 98863-31231
Tel : 080-66246600
Fax : 080-6624-6658

REGISTRATION : Prior registration for participation is necessary. Number of participants is limited and will be accepted on ‘First Come First Serve’ basis. A Certificate of participation will be issued to participants.

Important Information : Participation fee includes, course material, working lunch and tea / coffee. Interested companies are requested to register online by clicking on 'REGISTER' button and by filling up the nomination authority and participant's details in specified form.

Copyright © 2024 Indian Machine Tool Manufacturers' Association. All Rights Reserved.