Budget


Do Zero Based Budgets on Focus on Short Term Goals?

Zero based budgets can be a great way to beat the sawdust out of a budget.  The principles of zero based budgeting are pretty simple.  Each year or month that you prepare a budget, start with zero information.  Starting with zero information, instead of using comparables from previous months or years, forces the preparer to…


Specific Goals!

When I meet with someone for the first time about their business, I ask, what is their goal?  Usually the answer is a smattering of life/work balance/ successful business/adequate funding.  However, that is not very specific. In the past week I’ve talked to several people.  I’ve asked them all ‘how many hours they wanted to…


What is an Request for Proposal (RFP)?

A Request for Proposal (RFP) is a formal request for vendor bids to provide services or materials.  It might be for a governmental, business or non-profit organization that is requesting the vendor information and prices.  Why is it used?  It’s a great way to provide uniform information to all vendors. What are the essential elements…


Critical Path Management (CPM)

What is Critical Path Management (CPM)?  It’s an essential part of determining a project management timeline.  It was originally developed in the 1940’s and was implemented developed by the Manhatten project, Dupont and other large corporations. The mathmatical equations have changed since it was created, however, the thought process and logic are essential. A simple…


Kickstarter Budgets

I recently had a successful Kickstarter project.  While it didn’t create new sales records, it did fund and I’m busy fulfilling the orders during May 2015.  I’d like to share some key ingredients to having a successful Kickstarter project. Here is the project, if you want to take a look: A budget is completely necessary….