When you hear the word BUDGET, what’s the first thing that pops into your head?
If you’re like most people, the first thing that comes to mind is “What am I going to have to cut that I would really like to do BUT there’s no room in the budget for?”
When this mindset is injected into the budgeting process, everyone can become negative towards this vital business process.
So how can you make sure that the overall process is not lost in a sea of negativity? Ensure sure that the context for budgeting is within the overall context of the vision for your company. This means that when people are constructing budgeting worksheets they won’t have an over emphasis on expenses.
In all budgeting processes there will always be more expenses that you could spend on, so you must be careful that the overriding theme of the budget process is not simply of cutting expenses.
Language is hugely important, and if you as the business owner allow yourself to be drawn into negative conversation in regards to your budget process, it will quickly spread throughout your organisation. Remember that the words that come out of your mouth have a multiplying effect. Your employees will repeat what you say, use your name as the source, and before you know it, there is an amplification of your every word throughout your business.
So, if you have lots of budgeting worksheets, perhaps they need to carry a positive slogan that carries the vision of your business. Maybe you have a positive image that is easy to add to all the spreadsheets to keep people in the right frame of mind as they go through the process. This may sound a little far fetched but I have noticed that when a business becomes negative about something it takes intentionality to change the atmosphere and make it positive again.
Discover how The Financial Fence ® can take the pain out of budgeting worksheets.
If you’re like most people, the first thing that comes to mind is “What am I going to have to cut that I would really like to do BUT there’s no room in the budget for?”
When this mindset is injected into the budgeting process, everyone can become negative towards this vital business process.
So how can you make sure that the overall process is not lost in a sea of negativity? Ensure sure that the context for budgeting is within the overall context of the vision for your company. This means that when people are constructing budgeting worksheets they won’t have an over emphasis on expenses.
In all budgeting processes there will always be more expenses that you could spend on, so you must be careful that the overriding theme of the budget process is not simply of cutting expenses.
Language is hugely important, and if you as the business owner allow yourself to be drawn into negative conversation in regards to your budget process, it will quickly spread throughout your organisation. Remember that the words that come out of your mouth have a multiplying effect. Your employees will repeat what you say, use your name as the source, and before you know it, there is an amplification of your every word throughout your business.
So, if you have lots of budgeting worksheets, perhaps they need to carry a positive slogan that carries the vision of your business. Maybe you have a positive image that is easy to add to all the spreadsheets to keep people in the right frame of mind as they go through the process. This may sound a little far fetched but I have noticed that when a business becomes negative about something it takes intentionality to change the atmosphere and make it positive again.
Discover how The Financial Fence ® can take the pain out of budgeting worksheets.
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