When establishing your company’s culture, you need to reach further than merely customer service and crafting a product. The way you spend money is a major part of your culture as well. Mark Kohler and Peter Gasca talk about the way you as the leader influence the company’s spending culture.
Even if you’re a newly opened small business, it’s important to start out with well-planned spending habits. When working with a partner, all involved parties need to openly discuss the budget. Communicate your concerns and, if necessary, don’t be afraid to consult a third party to step in an offer some assistance.
From the head of the company on down to the smallest role, the way the company approaches money management will be duplicated. Click here to subscribe to the Professor Savings YouTube channel to learn the best ways to create healthy financial habits.