Static vs Flexible Budget: Which One is the Best for Your Business? 5 min read Static vs Flexible Budget: Which One is the Best for Your Business? Dave Watkin March 6, 2023 238 When creating a budget, there are two common approaches: static and flexible budgeting. A static budget is...Read More
Pay Back More Than The Minimum: When Creating A Budget To Repay Your Student Loans, You Should Plan To Pay Back More Than You Think 5 min read Pay Back More Than The Minimum: When Creating A Budget To Repay Your Student Loans, You Should Plan To Pay Back More Than You Think Dave Watkin October 28, 2022 249 When creating a budget to repay your student loans, it’s important to determine the amount you should...Read More
Using Multiple Cost Drivers on a Flexible Budget Report Will Generally Improve Accuracy 5 min read Using Multiple Cost Drivers on a Flexible Budget Report Will Generally Improve Accuracy Dave Watkin September 7, 2022 219 Using multiple cost drivers on a flexible budget report will generally provide a better analysis of actual...Read More
The First Step In Preparing A Flexible Budget Is To: Understand Your Business Forecast 4 min read The First Step In Preparing A Flexible Budget Is To: Understand Your Business Forecast Dave Watkin July 8, 2022 227 When it comes to budgeting, being able to plan for potential changes in revenue and expenses is...Read More