Home » ExchangeEveryDay » Instituting a Rolling Budget



ExchangeEveryDay Past Issues


<< Previous Issue | View Past Issues | | Next Issue >> ExchangeEveryDay
Instituting a Rolling Budget
October 16, 2014
When people care for you they can straighten out your soul.
-Langston Hughes

"Turn Your Budgeting Process Upside Down," encourages Robert Howell in the Harvard Business Review (July 2004; hbr.org).  Howell suggests...

"The budget process should be understood as just the first phase of the rest of the life of the firm.  To foster this attitude, some companies conduct their budget-planning on a rolling basis, updating and extending the plan regularly (perhaps semi-annually).  Some set their short-term plans not according to the annual financial-reporting calendar, but according to a full sweep of their companies' normal business cycle....  Rolling plans of two to three years' duration keep managers' eyes on a more distant horizon...."
 


 





Financial Resources on Sale

Today and tomorrow you can purchase both of these books at a 25% discount!

Managing Money: A Center Director's Guidebook
160 pages packed with expert advice on every aspect of money management, including long-range planning, fundraising, financial reporting, cash flow analysis, audits, salary schedules, fee policies, collection techniques, and management software. A comprehensive guide to one of the most important aspects of center management.

Not Just Small Change: Fund Development for Early Childhood Programs

Could your early childhood program benefit from having more money with which to expand services, increase staff salaries, buy new equipment, enlarge or remodel your space...or simply stabilize your annual budget despite rising costs and/or decreasing support from your usual funding sources?

(Sale Ends 10/17/2014 11:59 pm PST)

ExchangeEveryDay

Delivered five days a week containing news, success stories, solutions, trend reports, and much more.

What is ExchangeEveryDay?

ExchangeEveryDay is the official electronic newsletter for Exchange Press. It is delivered five days a week containing news stories, success stories, solutions, trend reports, and much more.

Ensure Kindergarten Readiness by Building a Foundation for Success
EZ-CARE Solutions Our software will save you time & money, and make managing your childcare center easier.
ChildWatch, Business Tools, CACFP, Parental Portal, ePay, Windows, Mac, Mobile, Free training and Support. 60 Day Gaurantee.




Post a Comment

Have an account? to submit your comment.


required

Your e-mail address will not be visible to other website visitors.
required
required
required

Check the box below, to help verify that you are not a bot. Doing so helps prevent automated programs from abusing this form.



Disclaimer: Exchange reserves the right to remove any comments at its discretion or reprint posted comments in other Exchange materials.