Essentials of Managing a Lab Budget

Join us for an insightful webinar where we delve into the essential strategies for effective lab budgeting. Learn how to prioritize your expenses by identifying critical research needs, equipment maintenance, and personnel costs to allocate your budget more effectively. Discover the art of negotiating with vendors, centralizing purchasing, and involving your scientific and technical teams in cost-saving initiatives. We’ll also cover the importance of tracking your costs to identify less productive activities and cut back on unnecessary expenses.  This webinar will provide you with practical tips and strategies to ensure your lab operates efficiently. Don’t miss this opportunity to enhance your lab management skills and drive your lab’s success! This workshop is part of the Financial Skills series. Check our website for more workshops in this series.

Learning Outcomes:

• Learn how to prioritize expenses.
• Review different strategies to negotiate with vendors.
• Learn about different ways to tracking costs and staying on budget.
• Review various personnel managing strategies.

REGISTER HERE!