Forward

Budgeting

Budgeting

It is that wonderful time of year when many are going through the annual budgeting process. Looking at past performances and trying to forecast what the coming year may look like. Being a business owner and also sitting on the finance committee of 2 nonprofits I get a triple dose of this every year. The thing that I have noticed is the similarities among all three. We are all looking at past performances, projecting into the coming year, and attempting to forecast what the results could be. In doing this exercise we make decisions in an effort to carry our mission forward. And during this entire process we are constantly focused at the bottom line. And the whole process is a forecast (goal), not an exact number. We can only control what is within our own organizations and that which is closely aligned with our organizations.  This year I have decided to do this exercise looking at it in a different manner. I want to identify the performance drivers and enhance them to yield better outcomes. I am also moving away from the once a year mentality to a perpetual budgeting process. The key change in my approach will be using root cause analysis instead of treating symptoms. Another item of change this year will be inviting in my vendors in and having a conversation on how we achieve better results. And I don’t mean a conversation with a whip and chair beating them down. I want them to understand my goals and to look for ways I can help them meet their goals.   I want to have that conversation with you and would welcome the opportunity to meet with you personally. Give me a call today and let’s set up an appointment. And any true partner should be willing to bring value add to the table…that has always been my philosophy.   Linked Here is an article that provides other budgeting points you may find helpful.   Charles...

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Moving America Forward

  Steele Creek Printing and Design would like to recognize Truck Drivers on National Truck Driver Week. We appreciate YOU! Thank you for moving America forward!...

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