Course Detail(BF092v : Cost-Benefit Analysis Of Business Development Plans (Live Webinar))

BF092v : Cost-Benefit Analysis Of Business Development Plans (Live Webinar)

7.00 CPE Hours (Others)
Live Webinar

The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Overview

Accounting & finance managers often face the challenge of evaluating the financial feasibility of business development proposals. This foundation workshop provides a comprehensive model to evaluate such proposals, weighing the value of business development initiatives against the associated costs including hidden costs and risks.

Programme Outline

1.   Benefits and costs associated with business development initiatives   

2.   Cost-volume-profit analysis  
        • Relevance of cost behaviour
        • Forecasting breakeven sales
        • Use of Contribution and Contribution Margin
 
3.   Calculating return on common marketing initiatives 
        • Advertising & promotion
        • Use of sales commissions  
        • Changing selling price
        • Offering trade discounts
        • Use of promotional trade rebates
 
 4.   Building in hidden costs 
 
 5.  Additional costs in longer-term business development investments  
        • Time value of money  
        • Holistic approach in identifying other costs

Participants are required to bring along their calculator for hands-on exercises.


Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking


Training Methodology

• Lectures

• Series of demonstrations & exercises


Closing Date for Registration

1 week before programme or until full enrolment

Intended For

Finance Managers, Accountants, Analysts & Executives who need to evaluate the financial feasibility of marketing or business development proposals •Business Development Managers, Marketing Managers and Product Managers who need to justify the financial feasibility of marketing or business development proposals Business Development Managers, Marketing Managers and Product Managers who need to justify the financial feasibility of marketing or business development proposals

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

23 Aug 2021 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Chow Chan Kwan

Date & Time

24 Aug 2020 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Chow Chan Kwan

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Chow Chan Kwan
 
Mr Chow has more than 15 years of industrial experience as General Manager of various manufacturing and retail subsidiaries of a multinational company in Singapore and China.
 
He has also delivered accounting and finance lectures to students pursuing the Certificate in Management (CIM) at the Singapore Institute of Management (SIM), and conducted in-house financial training during the initial stage of his career as a statistics and research officer at a Malaysian bank.
 
Chow holds a Master of Business Administration (MBA) degree in Accounting and Finance from Ohio University in the USA.  While pursuing his MBA degree, he delivered accounting lectures to freshmen students, a provision under the university’s Graduate Assistant Scholarship Scheme.
 
Mr Chow is currently a professional trainer and consultant, specialising in Accounting, Finance, Taxation, Strategic and Supply Chain Management.
 
 

The format of this course is a Live Webinar. A detailed set of instructions on the Live Webinar will be sent to you closer to date.

Programme Overview

Accounting & finance managers often face the challenge of evaluating the financial feasibility of business development proposals. This foundation workshop provides a comprehensive model to evaluate such proposals, weighing the value of business development initiatives against the associated costs including hidden costs and risks.

Programme Outline

1.   Benefits and costs associated with business development initiatives   

2.   Cost-volume-profit analysis  
        • Relevance of cost behaviour
        • Forecasting breakeven sales
        • Use of Contribution and Contribution Margin
 
3.   Calculating return on common marketing initiatives 
        • Advertising & promotion
        • Use of sales commissions  
        • Changing selling price
        • Offering trade discounts
        • Use of promotional trade rebates
 
 4.   Building in hidden costs 
 
 5.  Additional costs in longer-term business development investments  
        • Time value of money  
        • Holistic approach in identifying other costs

Participants are required to bring along their calculator for hands-on exercises.


Pre-requisites

Please take note of the following admission requirements:

  • Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
  • Mandatory for video camera to be turned on throughout the course
  • Display your official name (as per NRIC) in Zoom, to facilitate attendance taking


Training Methodology

• Lectures

• Series of demonstrations & exercises


Closing Date for Registration

1 week before programme or until full enrolment

Intended For

Finance Managers, Accountants, Analysts & Executives who need to evaluate the financial feasibility of marketing or business development proposals •Business Development Managers, Marketing Managers and Product Managers who need to justify the financial feasibility of marketing or business development proposals Business Development Managers, Marketing Managers and Product Managers who need to justify the financial feasibility of marketing or business development proposals

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Chow Chan Kwan
 
Mr Chow has more than 15 years of industrial experience as General Manager of various manufacturing and retail subsidiaries of a multinational company in Singapore and China.
 
He has also delivered accounting and finance lectures to students pursuing the Certificate in Management (CIM) at the Singapore Institute of Management (SIM), and conducted in-house financial training during the initial stage of his career as a statistics and research officer at a Malaysian bank.
 
Chow holds a Master of Business Administration (MBA) degree in Accounting and Finance from Ohio University in the USA.  While pursuing his MBA degree, he delivered accounting lectures to freshmen students, a provision under the university’s Graduate Assistant Scholarship Scheme.
 
Mr Chow is currently a professional trainer and consultant, specialising in Accounting, Finance, Taxation, Strategic and Supply Chain Management.
 
 

Upcoming Schedule

Registration is closed

Date & Time

23 Aug 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61   $ 276.49
For Non-Members: $ 415.16   $ 332.13
Discount till 31 Dec 2021

Programme Facilitator(s)

Chow Chan Kwan

Venue

Online Classroom in or outside of
Singapore