Financial Analysis and Budgeting Part I

Knowing how to interpret and manage the finances of the Chapter are essential skills to discern the needs of the membership and serve as the basis for smart decision-making. Part I of Financial Analysis and Budgeting: A Wealth of Information explains how to differentiate fixed and variable expenses, processes to improve collection of dues revenue and alternative sources of income. Part One also presents the challenges and advantages of financial planning using different budgeting methods.