- Behind the Numbers
- Posts
- How you can remove your budget blind spots
How you can remove your budget blind spots
How to spot a “budget band-aid”
Welcome to my newsletter “Behind the Numbers”.
A fortnightly newsletter where I share my Finance tips for Operational Leaders and their teams. I may also share an interesting sporting stat along the way.
For those of you who know my story you’ll get why numbers and sport are so much part of who I am.
How you can remove your budget blind spots
Budget band-aids are like red flags. They are used by your people to cover up financial “sore-spots”. As well as budget “blind-spots”.
Working with operational leaders and their teams, I have seen five common budget band-aids used across a wide range of organisations and industries:
#1 The Budget Buffer
#2 The Budget Bombshell
#3 The Budget Balancing Act
#4 The Budget Bump
#5 The Budget Bucket
Be aware of what they are and how you can remove them.
I have put together a guide to help you with this.
You can download it here.
One sporting stat
The United States is the world’s most lucrative sports market. The NFL (American Football / Gridiron) brings in more annual revenue ($US 20 billion) than the soccer leagues for England, Spain, Germany Italy, and France combined ($US 19 billion), despite having a significantly smaller fan base across the world.
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