How Private Schools Can Use Long-Term Fiscal Plans to Prepare for the Future

Just as Baltimore’s independent schools adjusted to meet the post-pandemic environment, a string of new obstacles have emerged. While supply chain problems, workforce shortages and stubborn inflation are presenting unique challenges that must be addressed, this is also an opportunity for independent educators to establish a robust long-term operational plan for success.

In a recent article for the Baltimore Business Journal, Ellin & Tucker’s David Schriver shared his thoughts into why strategic planning and organization are vital to fiscal responsibility.

David says that this type of in-depth introspective focus offers insight into the understanding of expenses, income, and can predict how the next five to ten years could unfold. But before developing such a plan, he says there are several key considerations to consider, which David reveals.

You can read David’s advice at the Baltimore Business Journal*.

*Subscription may be required.