Budgeting drives every decision you make for your association. All communities develop an annual budget, but is that enough? The simple answer is no. Developing a sound budget requires a strategic approach extending beyond one year. This provides a road map to short-term and long-term financial health.
Why should you develop a strategic budget?
How can you gauge the success of current management and financial strategies?
What is the benefit of approaching conventional operating costs from an unconventional perspective?
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which answers these questions, offers best practices and includes mini case studies to aid your association in effective budget planning.