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All Posts Tagged Tag: ‘money’

Now get out there and spend, spend, spend

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At root, a budget is a guideline, a set of goals, a financial framework within which an org commits to operate. But it’s easy for the guideline to become viewed as “permission”, and that’s not always a good idea. In an oversimplified example, lets say an organization has one revenue source, and plans to raise $10,000 this year. As a …

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We have how much in the bank?

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Deferred revenue is the cash you collect in one fiscal cycle that is related to, and in support of, a future fiscal cycle. As such, it can pose a significant (and dangerous) temptation. Let’s say you’ve met your revenue goals for the current year, and now you’re selling promises to provide services the following year. Cash is getting tight, so …

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