• Dates to be announced
• 3 Online Sessions/90 Mins

Dates to be announced

3 Sessions | 90 Mins each

inr 19,950 + (taxes)

Mastering the connection between costing & profit

Has your business reached the break-even point? How can you create the right discount structure without compromising on profit? Is your approach to product pricing correct? It’s time to learn the fundamentals that shape the costing principles of companies and master them to ensure a profitable and a risk-free organisation.

Get ready to put in place the right costing strategies for your organisation’s growth.

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Key takeaways from this course

While it focuses on costing strategies, the course ensures the following holistic takeaways for you.

01

Marginal Costing Principles

Ascertain and forecast the profitability to make better decisions around cost. 

02

Work out breakeven points for the business

Find out the point where you will be making enough to cover operating costs and how to reach that goal.   

03

Set achievable targets for achieving sales

Find out how your profit margin will dictate the sales targets to be set for your business to be profitable.

04

Determine Pricing Policy

What should the pricing policy be for your business? Find out how your pricing will affect the profitability and how it needs to be set with financial intelligence.  

05

Take Marketing related Decisions

How much should a business typically spend on marketing? Learn how to allocate budgets for marketing spends to reach optimum profitability.

06

Impact of credit given to customers

Learn how much of an impact has the customer credit practice cost your business and the financially right manner to do so. 

07

How to offer discounts

How do you best assign discounts to your products so that it does not affect your bottom line? Learn the financially intelligent manner to calculate discounts and offers to customers.

Meet your Instructor

Dr Anil Lamba is a bestselling author, financial literacy activist, and an international corporate trainer. His training programmes are held internationally, with a client list exceeding 3000 large and medium-sized corporations spread across several countries including India, the USA, and in Europe, Africa, Russia, the Middle-East and the Far-East. Dr Lamba is the author of the bestseller ‘Romancing the Balance Sheet’ and many other books on finance.

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Anil Lamba works with

They made the most of what they learned!

Sir Anil Lamba , I am writing this mail to thank you for eyeopening miraculous understanding that I have got after following your book 'ROMANCING WITH THE BALANCE SHEET'. I thank you & highly appreciate you for the same. 

Ashwin Macha

Partner (Akash Metal Forming)

This is brilliant piece of work. It creates the finance sense in an individual. Accounting is routine but finance sense is full of surprise and excitement. I strongly recommend "Romancing the BS" for the business school grads.

Debasis Chatterji

PARTNER (AKASH METAL FORMING)

This is to tell you how much I enjoyed the 2-day program on finance for non-finance managers. Indeed, it was the most valuable learning experience which was fun as well. I have already suggested to colleagues in other departments that they should have the benefit of such a program.

Fawzia Madni

General Manager, International Marketing

One of the best books to brush up your financial management skills...All the concepts are covered using very simple illustrations.

    Why should you attend this class?

    • Teams involved in pricing policy, price negotiation.
    • Those handling the sales and marketing function.
    • People working in the accounts & costing department.
    • Middle and senior level managers who need to understand the financial implication of their actions.

    In the age of aggressive discounts, ensuring the right costing is extremely crucial for an organisation striving for profit. The buck stops with the decision-makers when it comes to this.

    INVESTMENT - COSTING STRATEGIES FOR PROFIT

    With every great opportunity, there is a commitment of time, effort, energy and money.
    Here is what we ask you to invest in our 2-day course 

    2 Days • 3 sessions • 90 minutes each | INR 19,950 + taxes

    FAQs

    Yes, these are going to be live sessions so participants need to chart their schedule to be on time, so as to not miss any important concepts during class.

    We understand that our schedules sometimes change. We record our sessions for our participants and they will get access to it. However, we do recommend that participants attend class to get the most out of the experience.

    These are professional programs aimed at improving financial literacy among busienss owners and leaders. There is no certificate for the completion of this course but rest assured, you will learn important concepts to carry on in your business.

    Yes, you will receive course materials at the end of the program.

    Financial Intelligence truly comes from constantly upgrading our knowledge. Once you complete this course, we recommend you to take a look at Finance Edge. It contains everything you learn here plus some advanced concepts so you can take better decisions for your business.

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