Although the construction industry can be quite profitable, it does have a major drawback: in areas where the winter season prevents construction projects from getting started, teams of workers and even entire construction firms have to be extremely careful when it comes to managing their budgets and making sure they don’t come out short in […]
Tag: Budgeting
How Can Nonprofits Create a Realistic Budget?
A budget is a planning tool that reflects an organization’s programs, mission and strategic plan. The process should begin at least three, maybe even four months before the end of your nonprofit’s fiscal year — you need enough time for the budget to be approved by the board of directors. A budget identifies the financial […]
Creating a Budget at Your Nonprofit
A budget is a planning tool that reflects an organization’s programs, mission and strategic plan. The process should begin at least three, maybe even four months before the end of your nonprofit’s fiscal year — you need enough time for the budget to be approved by the board of directors. A budget identifies the financial […]
HR & Payroll Goals for Small Businesses
Because small businesses often have limited assets, it’s vital that they prioritize their human resource objectives. Staffing, budgeting, legal compliance and outsourcing are top HR goals to consider. Staffing To save money, some small employers add HR tasks to the workload of employees who have no (or very little) HR experience. However, this misdelegation of […]
Are You Concerned About Budgeting for Your Construction Business?
It is important to identify the factors that drive your construction company budget. The significant number of moving pieces can change the dynamics of your business quickly and without warning. And even a small alteration can completely the change the course of your company’s financial well-being. Let’s take a closer look at those essential factors. […]