Stephen Taylor was a pilot for the Marines for eight years
before he started flying aircraft for a living in the private sector and working
his way to the top of an aviation company in Lafayette, LA. After some time
working as a pilot, Taylor decided he wanted to get in on the business side of
the aviation industry. He started managing budgets and crafting business and
marketing strategies for companies after earning his MBA from Ohio State
University. Here are a few budgeting guidelines that families and businesses
can use to get a hold on their finances:
- Start with a simple budgeting tool you can use. For families, start your budget with a pen and paper to get started if you have to. Stephen Taylor and other business professionals like him in Lafayette, LA are usually well-versed in the latest budgeting software technology to help them manage and develop their budgets. Whatever equipment you use, start with the simplest, easiest option so you can use it effectively.
- Stay realistic. Don’t over-project your profits, whether you’re an individual trying to plan your family’s budget or a business executive like Stephen Taylor in Lafayette, LA. Keep your profit projections realistic and based on fact. This goes the other way, too. Make sure you get accurate figures on your expenses and make realistic timelines for paying debts and bills.
- Use the team. Don’t rely entirely on yourself to develop a budget. Get input from finance experts or other leaders at your business. For home budgets, remember that everyone under your roof is affected by your budget, seek input from the adults of the house.
Stephen Taylor Lafayette, LA has made a career for himself in Lafayette, LA as
a budget master and P and L specialist.
