So most companies have a big corporate office and a bunch of regional offices that they allocate money to, I get that. Let’s say a given office gets a $500,000/yr operating budget (just throwing out a random number). How do they spend exactly $500,000? Because they obviously don’t want to go over budget but they don’t want to have a surplus and lose $ next year. So is there wiggle room? Would they spend $499,995 or something?
In: 485
If you have a budget of 500 and you spend 400 then you’re going to be buying a hundred dollar coffee machine for the office. Never spend below budget, because then your next budget will be reduced.
Latest Answers