How to Train Department Managers in Budget Responsibility

The key to any financial budget is execution. Taking the financial game plan and actually putting it into action.

In this post, I’ll share a short video on how to train your managers to in how to be responsible for their departmental budget.

It’s no easy task.

This process to train managers involves several steps:

  • Financial training for non-financial managers
  • Sharing information with managers so that they can manage their budget
  • Holding weekly financial meetings to report on actual results compared to the plan

Watch the Tactics to Train Managers Video 

To help save you time and money, I’ve put together an online course that walks you through each of these steps in the process to create a financial plan for your business.

The course is included with your Annual Subscription to Beer Business Finance.

Need 1-on-1 help to create your financial plan?  Learn more about our 1-on-1 services.

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