You already know that you need to sell your products or services to your customers, but did you also know that you need to sell your budget to your team? As we wrote about last week, budget accountability is everyone’s responsibility. Good corporate governance depends on getting your team on…

Strong business management involves a good budgeting and forecasting process. But who is ultimately responsible for that budget? Depending on the size of your organization, you may have a dedicated budget manager or finance team. You may have an accounting department. Your operations manager might take on the bulk of…

Microsoft Excel is one of the most preferred tools for business budgeting, and for good reason. It’s familiar, so it requires less training time. It has flexibility and can work as a basic tool for any size of business. And it is easy to create formulas that meet your specific…

Microsoft Excel can be a great tool for business budgeting, there’s no doubt about it. But it does have its limitations. One of those limitations is the lack of workflow tools, which are crucial to your business budgeting process. A good corporate budget process needs controls: a workflow management system,…

Make Sure Your Strategic Planning and Budget are Aligned Every business needs a budget, right? But how do you know if your budget is right for your business? For most organizations, it is not enough to simply track all of its expenses and revenue. For your business budget (and your…

Your business intelligence strategy is a roadmap for your business’s success — and so is your corporate budget. Therefore, it makes good sense for the two to be connected. But further than that, your business intelligence strategy and budget shouldn’t exist as separate entities. They should co-exist and inform one…

2018 marks Canada’s 151st birthday. From coast to coast, we celebrate all that we have in common and acknowledge the heritage passed down to us. We hope you and your loved ones have a great day celebrating. Happy Birthday, Canada!

Budgeting for business can seem a lot more complicated than creating a personal budget, but in reality they are not all that different. When budgeting for business, you are: Projecting your income for a certain time period (a month, a quarter, a year, etc.). Projecting your expenses for a certain…

Running a not-for-profit organization can be very different from leading a business. While the two can share similarities, non-profits often have unique opportunities and challenges that corporate entities just don’t have to face. One of the areas that can be unique for not-for-profits is the budgeting process. Most, if not…

After 30 years of working with TGO Consulting, founding partners George Braun and Orgad Gratch are moving on from the company. The decision follows the acquisition of TGO by SHEA Business Solutions. Braun and Gratch have sold TGO and are moving on to build True Sky, a Corporate Performance Management…