Tag Archives: it budgeting

Budgeting For IT Made Simple

foundation blocksBudgeting for an IT Organization does not have to be difficult. In fact, it’s actually a simple process when you have insight and tools that help.

The reality is that many IT managers struggle when it comes to budgeting. This struggle is caused by one of two things:

  1. Not being prepared
  2. Not knowing how to go about it

The other reality is that far too many IT managers “miss their budget”. What I mean by this is that they submit a budget and then end up spending more than was planned.

When you budget, it is just as important to create an achievable budget where you will succeed in spending right at the number or a bit less than forecasted.

Senior managers of your company NEED YOU TO ACHIEVE YOUR PLAN! If you fail to meet your plan, they have to make up for your deficit somewhere else, and this is NOT a good thing!

The cause of “missing your budget”?

Not knowing how and where to include buffers so you have a conservative and achievable financial plan.

Don’t let this happen to you. I can teach you how to create an IT Budget the simple way TODAY, , , step by step and with tips and insight that will make it easier plus help you budget faster.

Budgeting that’s easier, faster, and achievable.

It’s all in my IT Budgeting Made Simple bundle that contains three parts:

  1. Training class – IT Budgeting Made Simple (1 hour, 45 minutes). It’s recorded so you can view it anytime when it fits your schedule.
  2. E-book – IT Budgeting: Operating and Capital Budgeting Made Easy
  3. IT Budgeting Tools and Templates that you can use “as is” or customize for your specific needs

$ 99.00

If you have struggled with budgets in the past or maybe this is your first budget, take a look at this bundle.

IT budget templates make budgeting easier, , , plus a special offer

man with moneyLet’s face it, , , budgeting can be a real pain!

I’ve seen other IT managers spend hours upon hours developing what they think is a concise budget. Then they are so proud when they deliver it to their manager because they think it is “accurate” and “what their manager wants”.

They would be wrong on all fronts. In many cases, these managers who spend hours to develop their budget are asking for more money four or five months into the year because their actual expenses are blowing out of their budget.

Budgeting does not have to be an ordeal. It can actually be simple and a rather quick process when you are prepared, know what to do, and you have tools to help.

Being accurate is not necessarily a good thing when budgeting. Certainly, you want to have insight into the budget categories, , , but you need to be appropriately conservative and build buffer into the numbers. The reason is simple:

Surprises happen and they almost always have higher cost implications.

I developed a set of templates to help me budget.

Budget Templates

CLICK HERE to download the free IT budgeting templates shown above.

I’ve developed dozens of budgets with these simple spreadsheets and I don’t recall ever missing my plan. The reason is behind the scenes in knowing how to budget and where to include buffer so you can weather the storms called “budget surprises”.

A short article won’t do justice to develop your budgeting skills so I’m giving readers of this article a special offer – 70% discount off my book, IT Budgeting: operational and capital budgeting made easy plus links to a few of my ITLever BLOG articles that will help simplify your budgeting efforts.

This 2nd edition e-book is practical and to the point, , , it is a quick read and an excellent tutorial for managers budgeting for the first time as well as those who have developed many budgets in their career.

Book_IT BudgetingTo learn more about the templates, order the IT Budgeting e-book with complete budgeting process, insights and tips on how to budget for an IT organization – only $9.00.

CLICK HERE to order and receive the e-book and tools for only $9.00, a $20.00 discount.

credit-cards

 

 

 

Additional ITLever BLOG posts that will simplify your budgeting efforts:

Budget IT salary in under 20 minutes

Make budgeting a breeze by preparing now

Budget for it and you might just get it

Save

Save