Udemy Business

Teach on Udemy

Turn what you know into an opportunity and reach millions around the world.

Learn More

Your cart is empty.

Keep shopping

Financial Budgeting for Non-finance professionals

Name: Financial Budgeting for Non-finance professionals
Rating: 4.5 (383 reviews)

Build a forward looking business plan of your company with fundamental value drivers of key metrics to run a business

Created byAshish Agarwal

Last updated 3/2026

English

What you'll learn

Build a forward looking business plan of the company
Estimate the external funding to be raised
Negotiate the % of equity dilution to investors
Build the financial statements of the company
Become smart in talking to investors
Estimate the valuation of your business

Course content

10 sections • 114 lectures • 3h 7m total length

Welcome to the course0:09
What aspects of Finance should an Entrepreneur be involved with?4:23
Business Planning & Fund Raising - they are inter-linked1:12
Learn how business planning and fundraising interlink to attract investors, develop a compelling business model and future financial plan, and secure financing to execute at scale.
What are Investors looking for investing money in your business?2:28
The 7-Step Business Finance Framework4:44
Please provide us your valuable feedback on the course thus far0:25

Introduction to Step 10:18
What are the Revenue drivers of a business?4:17
Key assumptions on the Revenue drivers3:05
Calculating the Revenues of a business2:30
Calculate the revenue forecast by multiplying price per pizza, orders per day, and days in the year, then convert to millions, noting Year 0 as zero and Year 1–5 rising.
End of Step 10:24
Please provide us your valuable feedback on the course thus far0:25

Introduction to Step 20:11
What are the Cost drivers of a business?2:13
What are the Input cost drivers of a business?1:13
Key assumptions on the Input cost drivers2:07
Calculating the Input costs of a business2:09
What are the Occupancy cost drivers of a business?1:00
Key assumptions on the Occupancy cost drivers1:48
Calculating the Occupancy costs of a business1:18
Calculate the five-year occupancy cost by summing monthly rent and electricity per kitchen, annualizing, multiplying by the number of kitchens, and converting to USD millions; Year 0 shows zero.
What are the Salary cost drivers of a business?1:34
Key assumptions on the Salary costs drivers2:30
Calculating the Salary costs of a business4:23
What are the Marketing cost drivers of a business?1:23
Key assumptions on the Marketing cost drivers2:31
Calculating the Marketing costs of a business1:59
Calculate total marketing cost with sumproduct of radio, print, and digital campaigns, convert to yearly cost in USD millions, and forecast over five years from 0.4 to 0.2 million.
End of Step 20:30
Please provide us your valuable feedback on the course thus far0:25

Introduction to Step 30:10
What are the Investment drivers of a business?2:27
What are the Fixed Assets drivers of a business2:36
Key assumptions on the Fixed Assets drivers2:23
Learn how to calculate fixed asset investment for a pizza delivery business by projecting $50,000 per kitchen with 5% annual escalation, and determine yearly new kitchens based on occupancy estimates.
Calculating the Fixed Assets of a business2:37
Calculating the Depreciation cost of a business3:47
What are the Inventory drivers of a business?1:04
Key assumptions on the Inventory drivers0:32
Calculate the inventory component of working capital investments by determining daily input material needs. Apply a 30-day inventory assumption to run your business, aligning with the key inventory drivers.
Calculating the Inventory of a business1:34
What are the Accounts Receivables drivers of a business?0:53
Calculate the total receivables for the pizza delivery business by multiplying the days of customer credit by the average sales per day, demonstrating working capital insight in an Excel spreadsheet.
Key assumptions on Accounts Receivables drivers0:33
Calculating the Accounts Receivables of a company1:10
What are the Accounts Payables drivers of a business?0:59
Calculate payables for the pizza delivery business by multiplying vendor credit days by the average daily input costs, and project this in an Excel model for five years.
Key assumptions on Accounts Payables drivers0:14
Calculation of Accounts Payables of a business1:43
Calculation of Working Capital of a business0:54
End of Step 30:35
Please provide us your valuable feedback on the course thus far0:25

Introduction to Step 40:11
What are the sources of own financing of a business?1:07
Key assumptions on sources of own financing3:09
What are the drivers of Interest cost of a business?1:03
Compute the drivers of interest cost by multiplying the rate by short-term and long-term loan amounts, then summing, using an Excel pizza delivery example.
Key assumptions on Interest cost drivers of a business3:40
Calculating the Interest cost of a business3:52
End of Step 40:33
Please provide us your valuable feedback on the course thus far0:25

Introduction to Step 50:12
What is the Income Statement of a business?2:31
Populating Revenues on the Income Statement1:01
Populating Costs on the Income Statement3:53
Calculating the Profits before Interest and Taxes (PBIT)1:37
Populating Interest costs on the Income Statement0:45
Calculating Profits Before Taxes and Taxes2:13
Calculate profits before taxes by subtracting the interest cost from profits before interest and tax, then apply a 30% tax only when PBT is positive.
Calculating Profits After Taxes1:56
What is the Balance Sheet of a business?1:58
Populating Current Assets on the Balance Sheet2:23
Calculating the Fixed Assets of a business - Part 10:26
Calculating the Fixed Assets of a business - Part 21:51
Calculating the Fixed Assets of a business - Part 32:29
Calculating the Total Assets of a business0:54
Populating the Current Liabilities of a business1:41
Populating the Long term Debt of a business1:05
Calculating the Shareholder's Equity of a business - Part 11:22
Calculating the Shareholder's Equity of a business - Part 24:41
Calculating the Total Liabilities and Equity of a business1:09
End of Step 50:30
Please provide us your valuable feedback on the course thus far0:25

Introduction to Step 60:29
What is a Cash Flows Statement?3:59
Rule of thumb for preparing a Cash Flows Statement0:40
Learn the rule of thumb for preparing a cash flow statement by using a template to track inflows and subtract outflows for any business.
Calculating the Cash Flow from Operations - Part 12:45
Calculating the Cash Flow from Operations - Part 22:23
Calculating the Cash Flow from Operations - Part 32:51
Learn to calculate cash flow from operations by subtracting increases in accounts receivable and inventory from net profit, using year 1 receivables as E21 minus D21.
Calculating the Cash Flow from Operations - Part 41:08
Calculating the Cash Flow from Investments1:36
Calculating the Cash Flow from Financing - Part 12:08
Calculating the Cash Flow from Financing - Part 21:53
Calculating the Cash Flow from Financing - Part 31:24
Calculating the Total Cash Flows of a business1:12
Calculate the total cash flow during the year by adding cash flow from operations, investing, and financing. Early years show negative cash flow as operations incur losses, indicating cash burn.
When do we need to raise Investor funding?0:42
Calculating the funding to be raised from Investors4:01
Estimate the total funding needed over the next 5 years1:08
Link the Cash Flows Statement with the Balance Sheet2:17
End of Step 60:29
Please provide us your valuable feedback on the course thus far0:25

Introduction to Step 70:29
Explore step 7 of the business finance framework, calculating the fair value of your business and the equity to offer investors for funding, illustrated with a pizza delivery example.
Approaches to Business Valuation0:37
The negotiation based approach to business valuation2:40
The methodical based approach to business valuation1:37
Apply a methodical valuation using cash flows based and exit multiple approaches to a pizza delivery business, calculating free cash flows to equity, exit value, and investor returns.
Free Cash Flows to Equity (FCFE) of a business0:53
Calculating the FCFE of a business2:16
Calculating the Exit value of a business2:43
Calculating the Total Cash Flows to Equity of a business1:10
Combine free cash flows to equity with exit or terminal value for total cash flows to equity. Year 5 would be 19.5 million.
Estimating the Return on Investment expectation of Investors0:49
Calculating the pre-money valuation of a business1:48
Calculating the post-money valuation of a business1:26
Calculating the % of Equity dilution to Investors1:35
Calculate the equity percentage to offer investors using a post-money valuation and the 1.35 million funding, guided by cash flow and exit value methods for a logical negotiation starting point.
End of Step 70:33
Please provide us your valuable feedback on the course thus far0:43

Requirements

Basic familiarity with Microsoft Excel
Simple Mathematics
Everything else we will teach. Not to worry!

Description

Hey, welcome to our online course.

We are glad to see you visit this course.

If only we could shake hands!

What is this course about?

In this course, we will provide you the complete finance training you need to know for running your business.

We will illustrate the following broad content topics in great detail in this course:

1) Building a forward looking business plan of your company

2) Making assumptions on business growth drivers

3) Assess the amount of funding you need to raise from investors

4) Estimate the valuation of your company

5) Negotiate on the right % of equity to be offered to investors

It is a very comprehensive and practical course that will illustrate all the key aspects in Finance you need to know,

Just so you know, this is NOT an Accounting course.

What makes this course different than others?

The content of this course is designed to teach you very practical things in Finance.

You will learn exactly what you are required to know.

You get access to practical real life illustrations that you can relate with your own business.

It is a completely hands-on course.

You need to carry out the illustrations in the course along with the instructor.

We provide you the same set up as the instructor.

All illustration slides and datasheets can be downloaded at your end.

You will feel as if somebody is guiding you step by step in all illustrations.

It is a very practical training for you.

You are going to love our instructor's teaching style.

He makes it very engaging and fun learning experience.

You will have practice assignments to test your learning from the course

You will have unlimited access to our support.

Our support team responds to any course queries within 24 hours of your request.

And of course, the price is competitive.

What if YOU do not like the course?

Well, we will be very sad to hear that you did not like the course.

But you are well protected.

You have a 30 day money back guarantee in case you are not happy with the course.

No questions asked.

But we sincerely hope, you will definitely like the course!

What next?

If there are any doubts, don't hesitate to reach out to us.

Start learning now.

See you inside the course.

Who this course is for:

Entrepreneurs
Business Founders
Business Owners
Start-Up Professionals
CFOs
CEOs
Business Unit Heads

Financial Budgeting for Non-finance professionals

What you'll learn

Explore related topics

Course content

Introduction to the course6 lectures • 13min

Illustration for this course4 lectures • 6min

Step 1: Forecasting Revenues6 lectures • 11min

Step 2: Forecasting Costs16 lectures • 27min

Step 3: Forecasting Investments18 lectures • 25min

Step 4: Assess own financing sources8 lectures • 14min

Step 5: Prepare Income Statement and Balance Sheet21 lectures • 35min

Step 6: Funding from Investors18 lectures • 32min

Step 7: Business valuation14 lectures • 19min

End of course - what did we learn?3 lectures • 5min

Requirements

Description

Who this course is for: