[Band] directors are entrusted with thousands of dollars of instruments and equipment, yet along the way, few have ever had a course in business management.
At best, a methods course may have talked about the need to have an instrument inventory or maybe even the importance of creating a budget. But to maximize the fiscal opportunities that exists, we need to understand the process and be sure we have the documents to support our case.
Every [band] program needs to have both an instrument/equipment inventory and a spreadsheet of enrollment projections. These two documents along with your calendar of events and activities for the coming year will help you to create a budget request to submit to your school administration.
By Charles T. Menghini
Excerpt from SBO (School, Band and Orchestra), June 9, 2017, Digital Issue.
Read the complete article to discover the best methods maximize fiscal opportunities.