Founder Foundations Mini-Series: BUDGET SYSTEMIZATION 101 | Steve Simonson

Awesomers.com

Budget Systemization - What is it? In this episode, Steve talks about a very "sexy" topic. We often discuss budgeting in our firm, and I often write about budgeting because it is such an important topic in any company. Good news: Valuable strategic element of the business bad News: IT TAKES WORK Having a budget will help you manage your business and will help you remove the day-to-day "tasks" on your plate and to create a successful budget, every Founder/Leader or business owner needs to: - Establish Strategic Objective that gives you your roadmap - knowing the revenue and the associated overhead expenses. - Set goals and objectives that push for growth and efficiency, but keep those goals and objectives realistic. There is nothing more demoralizing than to have an unachievable goal. - Start your budget planning process early. For a calendar with year end at December, start no later than August of the current year. - Measure your actual results every month versus budget, and hold people accountable. Ready to learn about Budget Systemization? Let's go! For more Awesomers podcast episode, click https://awesomers.com/podcast If you have not subscribed to the Awesomers YouTube channel yet, press that SUBSCRIBE button https://www.youtube.com/@awesomers If you are also on SoundCloud, follow Awesomers SoundCloud by pressing that FOLLOW button https://soundcloud.com/awesomerspodcast