4 Creative Ways to Spend Your End of the Year Budget

4 Creative Ways to Spend Your End of the Year Budget

Crazy as it may seem, the end of the year is quickly approaching. Before you know it you’re going to be pulling out winter clothes and then putting up your Christmas tree. However, if you’re managing a company budget and have some excess you’re probably looking for a way to spend it in a way that will benefit the company. Here are a few ideas:

Crazy as it may seem, the end of the year is quickly approaching. Before you know it you’re going to be pulling out winter clothes and then putting up your Christmas tree. However, if you’re managing a company budget and have some excess you’re probably looking for a way to spend it in a way that will benefit the company.

Strategic Planning with a Graphic Facilitator
With the team developing new ideas for the upcoming quarter or even the upcoming new year, bring in a graphic facilitator! Through graphic recording, you can really get the ideas flowing and new strategies to the forefront. The See in Colors team loves helping your company develop plans of action to really help your ideas shine and get things done!

Animation Video showing your accomplishments for the year
There’s no better time to reflect than the very end of the year which conveniently falls in line with your end of the year budget. Depending on how much you want to spend, you can pull in an animator and highlight all the accomplishments and high points of the previous year. It’s a great way to end a year and hype your team up for what’s to come in the new one.

Professional Development for your team
There are always more skills and developments that can be learned. Technology and science are constantly evolving and keeping your business updated is a great way to ensure success in the long run. Professional development is costly, but if you have a lot of leftover in your budget this is a great way to invest that money back into your business through education and making your team more effective.

Staff Retreat
Staff retreats are a great way to pull your employees together and help them get to know each other outside of a typical work setting. Your office is increasingly more effective when your employees all get along and know each other on a deeper level. This is also just a great way to treat them and thank them for being such a great team!

Sign up for a conference
Conferences are a great way to educate your employees, but they get everyone out of the office and hold a lot of networking potential. If you can find a conference in a great location that’s not too far but also contains fun things to do in addition to lectures, your employees will be able to view it as a type of staff retreat rather than just an informational business trip.

Want to learn more about how our services can help you prepare for the end of the year? Check them out here!

Money School Rules from Jean Chatzky on SmallBizChat+

Money School Rules from Jean Chatzky on SmallBizChat+

Jean Chatzky is an author, speaker, and the financial editor for NBC’s Today Show.  She was featured on SmallBizChat Live, where Melinda Emerson shares live interviews with small business experts.  To see the interview with Jean, click here.

Jean discussed the importance of credit and shared this funny money rule: “Every birthday, you should check for you weight and credit score.”  Basically, one should go up and one should go down 😀

This rule inspired me to draw these sketchnotes.

 jean chatzky, money school, sketchnotes, small business

Here are a few tips from Jean to increase your credit score:

  1. Pay bills on time – every single one of them
  2. It is good to have a decent mix of credit – not just credit cards but utilities under your name as well, or a good credit standing in paying a car loan.
  3. Avoid signing up for new credit cards or closing old credit cards.

Have you hear of Jean’s money rule before?  Please share and comment below.

 

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