11Jan 2017 by Fred Crooks No Comments
Building a strong financial foundation

Building a strong financial foundation

Fundamentals, Uncategorized
If you were planning to build your dream home, you wouldn’t start by designing the loft space and the balcony overlooking the swimming pool. Your first step would be to dig down and build the best possible foundation, to make sure your new house was based on solid ground. Only then would you start building on top, adding rooms and creating the perfect living space for you and your family. The same is true of your business planning. If you start developing grand plans for the future of your enterprise without getting your fundamental accounts and finances in order, you’re building your organization on extremely shaky ground – and that’s not an advisable plan for the long-term attainment of your goals. Getting your financial house in order  At Checkbox, we…
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16Nov 2016 by Fred Crooks No Comments
Why budgeting is essential to success

Why budgeting is essential to success

Business Advisory, Fundamentals
Whatever stage your business or organization is at, it’s important to have the best possible overview of your costs and cash flow. If you’re going to track and measure your overhead, you’re going to need to set a clear budget right from the beginning – and that means putting serious thought into your budgeting from day one. Budgeting is one of the fundamentals that can often be overlooked by business owners, or non-profit CEOs, whose focus is pushing forward the next goal on the horizon. But when you neglect your budgeting, you’re setting a highly unstable foundation stone on which to build the rest of your business plan. Why is budgeting so important to the health of your organization? And how can a more proactive approach to budget management improve…
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