In our first post in this series we discussed the different types of budgets, and went through all the acronyms but one: SOAR. Today, the wait is over! We will go into detail on the SOAR Budgeting Method.

To recap, our team came up with several different types of budgets; from no budget at all, to duplicating previous years, to taking a cursory look at the money that was spent and making slight adjustments. While the last one isn’t all bad, we know there is room for better.