Your department desperately needs a new fire truck. How much can you afford?I get calls like this every day asking just that question. And sometimes, the answer is not good. After all, you don't want to spend hours designing a truck only to learn you can't afford it.
There are 2 approaches to fire truck budgetingFirst, it's to select the truck and then find a way to afford it.
Second, it's to determine how much you can afford and then build a truck that fits into your budget.
Neither is "the right way" but each approach has its advantages and disadvantages.
I'll discuss the two approaches over the next two weeks.
In the meantime, check out the free Fire Truck Budgeting Kit to help do the math. Click here to download your free copy.
SummaryBudgeting is tricky. If you don't do it right, it can jeopardize the whole purchase.
John R. Hill