Budget preparation a time for problem solving
Many nonprofit managers regard budgeting as a necessary evil that must be done to satisfy the board of directors and funding institutions.
Besides the chore of gathering the financial data, there is often an uneasy feeling triggered by forecasting the unknown. What will happen if you don't achieve the needed revenue figures?
Instead, try to consider budgeting as an informative process that will help you reach your goals, solve problems before they occur, and make important decisions...