3 ways to level up the lowly budget

Your budget details where you plan to invest your resources. If you’re a strategic business, it should also tell you why.

Hey there! I’m going to record voiceovers for each post moving forward. If listening to articles isn’t your jam, you can read them just like you did before. Ok, carry on.

You know how nice it is to meet people you socialize with digitally in real life? 

I attended an event in Providence last week and got introduced to someone I already knew¹ but had never met. We proceeded to have a delightful conversation about our lives, our work, and some challenges we see our clients face.

We discussed financials at length. He had been working with a business to get their books in order and shared that he found many businesses — big and small — don’t have their books set up properly, which meant they couldn’t apply the insights from their books to their business.

I brought up the issue of budgets. Experts write articles that say your budget should align with your strategic priorities. In practice, most businesses dust off last year’s budget, bump the numbers up a bit, and call it a day. Most of the ti…