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Balancing your books is a crucial aspect of running a business. No matter how innovative your services or products are unless the business is financially viable, it is not going to function well. Because of this, financial transparency and communications to all involved parties are necessary to ensure that every business unit is doing its bit in conducting financially viable operations. This slide deck can provide you with all the templates you need in order to encourage this communication. By presenting the information clearly and structuring it efficiently, all departments can easily see where they need to position themselves in order to deliver valuable work.
This simple slide is also the most important. By stating the available budget and the necessary spending, you can calculate how much money can be reinvested in the company. Likewise, for project deliveries, where subject matter experts can identify cheaper ways of implementing the same solution can, this slide can be used to inform other teams and potentially incorporate a new company-wide strategy.
The most important aspect of budgeting is not saving, but knowing what to spend money on. This slide can help you identify your businesses pain points, come up with solutions and put them into practice.
This slide can help you weigh the pros and cons of different price models for contractors, products, and services. It is useful to have this side by side comparison in order to have a good overall view of all the options available.
Managing budgets is critical for good operations
Knowing where to invest money is going to drive the business in the right direction
Remove unnecessary costs
Whether those are legacy systems that are not being used but cost upkeep or something similar, see exactly what your company owns and where money is spent
Increase capital spending and reduce operational spending
Invest into what’s valuable and cut down on operational procedure costs
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