FPO-Controlling a budget

Controlling a budget

Budget control reccomendations & considerations

Keep monitoring

Monitoring the budgets will be an ongoing and continual process. It’s important to continue monitoring a budget to ensure it stays in line, and doesn’t get out of control - after all, just because you fix one problem doesn’t mean another won’t arise.

Take sufficient time

Avoid acting rashly, without thinking through all the implications. If a decision needs to be made, or action taken, ensure you consider the extent of this, and what options you have available to yourself.

Use support available

Remember there are multiple resources and people available to you to support, and therefore, ensure you utilise these when it comes to effective decision making or when there is an issue or problem that you are struggling to rectify yourself.

Ignore problems

Ignoring and neglecting problems won’t resolve them - they’ll still be there, and won’t go away by themselves. The more proactive you are when these issues occur, the more likely you’ll be able to remedy them, and prevent them from escalating.

Future Practice Owner.

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