B2B | Small Business

How to Announce a Budget

Author: Shelley Frost
Publish Date: 
Step 1

Identify the employees who will receive the budget information. If employees on different levels are involved, determine if certain employees, such as managers, should hear the budget announcement first. Choose the date for each group of individuals to receive the budgetary information.

Step 2

Write an overview of the budget, highlighting the major changes from the previous budget. This gives employees a quick look at the numbers without having to wade through the entire budget.

Step 3

Incorporate a list of any action points the employees need to perform based on the budget announcement. For example, if certain areas of the budget were cut, managers may need to determine how they will account for the decreased funding.

Step 4

Compile a packet for each employee that includes the overview, action list and budget itself. If the information is different for various groups of employees, ensure that you mark each packet so each person gets the correct information.

Step 5

Send an email notification or memo based on your company's typical form of communication to let employees know the budget is prepared. Announce the date that the budget information will be released.

Step 6

Gather employees for a meeting to disperse the budget information. If you stagger the release of the information, schedule these meetings accordingly.

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