Long-Term Financial Planning

Putting together a service charge budget that covers everything needed for the year ahead it tough – adding additional elements in for what might happen years down the line is even harder. And while there may be a certain amount of educated guesswork in how you go about long-term future planning, it really does set the good property managers apart from the bad.

Let’s look at some of the things you need to consider when planning for the long-term in your service charge budgets.