The final step in forecasting and the last part of this Budgeting mini-series is developing a cash flow statement to accompany your budget. A simple…
Propel SolutionsDecember 4, 2018
What is the cost of doing business? (Budgeting for Expenses and Asset Purchases) Expenses are one of the easiest levers to pull to react to…
Propel SolutionsNovember 29, 2018
When anticipating future sales and expansion, you will consider growth on several layers: Business as usual, your growth strategy, and your market assumptions. All three…
Propel SolutionsNovember 27, 2018
How Far Into the Future Should a Manager Plan their Budget? When planning a budget, the first thing to consider is how far into the…
Propel SolutionsNovember 23, 2018
Although often used interchangeably, budgeting and forecasting are distinctly different. Budgeting is the activity of laying out the expected revenue and expenses that a business…
Propel SolutionsNovember 22, 2018
I don’t want to micromanage, so why should I schedule my team? One of the key tools a manager has in their toolbox is scheduling. …
Propel SolutionsNovember 21, 2018
Problem: How do I create Impact in my department? As a manager, when walking into a department, one of the biggest challenges is how to…
Propel SolutionsNovember 20, 2018
When you are providing a product or service, Key Performance Indicators (KPIs) are important because they provide qualitative measurements that directly correspond to customer value.…
Propel SolutionsNovember 19, 2018
