4 Budgeting Tips for 2025
May 20, 2024
Budget planning for 2025 is upon us and we want you to get the most value out of your maintenance budgets. Consider implementing some of these tips for effective budget planning–
- Be proactive, not reactive. Yes, something breaks, we fix it. However, as you begin your 2025 planning, consider investing more dollars in a preventative maintenance program.
- Conduct a needs assessment for your facility. Is a new roof or lighting in the cards for 2025? Identify and prioritize your facility needs with the weigh-in of team members.
- You know your needs, but what will it cost? Be sure to do a thorough cost estimation for the facility maintenance, upgrades and repairs you’ve identified and don’t forget to factor in any historical costs.
- Allocate those dollars! Optimize your budget to meet organizational goals. Remember, your budget can always be adjusted and should be reviewed regularly.
Strategic budget planning is critically important for optimizing your facilities maintenance operations. Need expert help? Look no further than J&P Site Experts – your one-stop resource for smart facilities maintenance.