Poker Budget Management

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By Dave Clifton
Content Strategy Specialist
SpaceIQ

One of the most difficult tasks for any facilities manager is budget planning and management. Trying to account for workplace expenses can seem like an insurmountable job. Nevertheless, it’s one you’ll have to face head-on. Here are a few tips to conquer budget issues:

1. Look at costs

Understanding how to budget for facility management starts with understanding the various costs of running your workplace. Everything from maintenance costs to expenses for routine maintenance throughout affect how much you spend above and beyond your lease.

Fixed and known costs

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Start by tabulating your fixed costs. For example, if you know you pay $12,000 per year for landscaping, you can budget this as a fixed cost. Likewise, if you have access to pricing from vendors and partners for products and services to be purchased in the year ahead, budget those as known costs.

Unknown and unexpected costs

What’s harder to plan for are unforeseen costs. There are a few ways to make the unexpected more predictable. Use historical data for things like routine maintenance costs. Depending on the quality of your records, you can also look at costs from years past and match those to expenditures you may face.

One-off and seasonal costs

It’s a good idea to break down costs on a monthly, quarterly, and annual basis. This will help highlight overlooked costs, such as seasonal facility fees. For example, you may pay more for utilities in the winter and more for landscaping in the summer. Similarly, if you want to plan a renovation in the spring, you’ll be able to more easily account for those costs when your budget is broken down.

2. Look at trends

You may not have a crystal ball for telling the future, but if you’re up on workplace trends, it could be the next best thing. One of the best budgeting tips for facilities managers is looking closely at workplace and facility management trends and budgeting for them.

Will you be making any changes to your physical workplace layout this year? If so, you’ll need to budget for each part of the project. Expanding your office IoT this year? Accounting for the integration costs should be the focal point.

Everything outside the normal scope of day-to-day facilities management will come at a cost. The key to building an inclusive budget is planning.

3. Look at the little things

Your facility management budget is complex, but that doesn’t mean it should be convoluted. Just like integrated facilities management is a rising trend, integrated budgeting is also important. This means budgeting for your facilities through different lenses.

Take your facilities management budget and break it into individual segments. Look at costs for running each part of your facility, then build a strategy to make the most of those dollars. For example, buying lightbulbs may seem simple. But is that ongoing cost more than researching a more-efficient lighting solution? Forcing yourself to budget at scale also forces you to think about the cumulative elements of your workplace.

4. Build in a buffer

Even the best budget is one unforeseen cost away from being busted. That is, of course, you build in a buffer.

First, take the sub-budgets that comprise your overall facilities budget and build in dollars for miscellaneous expenses. This will give you some wiggle room at a more subtle level. For example, if you’re under budget in one area and over budget in another, a simple transfer can balance things out.

Alternatively, you can pad the top of your budget with one lump sum for general, unexpected expenses. This tactic provides a lump sum to work with later on.

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5. Sell it to the C-suite

Perhaps the hardest part of budgeting for facilities management is selling it to executives. Illustrate value wherever possible and justify expenses with benefits. If you’ve taken the time to budget well and responsibly account for contingencies, you won’t have to defend your budget so much as explain it. Draw connections from your budget to the impact they have on the workplace and stand by your costs and figures.

Budgeting is never easy, no matter what line of work you’re in. For facilities managers, there’s a lot to consider and a lot that’s unknown. The more you account for your variables, recognize trends, and build in a buffer, the more comfortable you’ll feel in your final budget. Note: make sure to double-check numbers.

Poker Budget Management

Read next, how to select the right facility management software.

Our team of experts have found the top no deposit poker sites. Whether you want to make a €5 minimum deposit or make a €1 deposit in a mobile casino, these are the best places to play.

To rate top poker sites with minimum deposits of €1, we review each site using a range of criteria. These assessments include:

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  • Licensing and security: Whether you're playing for pennies or millions, the site should be reputable. This means it must be licensed with the relevant certification bodies and protected with the latest encryption technology.
  • Software: Sites must be stable whether you download software or play instantly in your browser.
  • Games: The reason why you visit online poker sites to begin with, there need to be plenty of varieties to choose from for low-stakes players.
  • Banking methods: While an online casino might tout their low deposit minimums, they might only accept payments from banking methods with higher transfer minimums. That's why we always check between the two to help you find the best banking methods for low deposit poker online.
  • Customer support: Whether you're a high-roller or a low-stakes gambler, the customer support needs to be readily available across a variety of communication channels to answer questions or resolve issues.

What are Minimum Deposits?

When you're ready to deposit real money at a top casino online, you'll notice that there are some limitations involved. Some online casinos will only give you a bonus if you deposit a minimum of €10, while others can even be as high as €20, €50 or more.

Low deposits let new players gamble with a small deposit, especially if they don't have a lot of money on their credit card/eWallet/PayPal, etc at the current moment. These poker rooms let you play $5 minimum deposit poker. There are even some poker sites with a minimum deposit of €1.

Low minimum deposit poker rooms cater primarily to beginning players that prefer to play at lower stakes than high rollers. If you plan to try out multiple poker sites before making a substantial deposit, it is very important to choose the lowest first deposit online poker sites to keep your testing investment as low as possible.

Poker Budget Management

Most poker websites will enforce expiration dates on any money in your poker site account after a period of inactivity (often 180 days). If you make a deposit at a poker room and decide that you do not enjoy playing there, it is much less of a financial hit to make the small deposit at poker websites or play only long enough to clear the bonus that was awarded with your deposit.

Where to Find Minimum Deposit Amounts on Poker Sites

We've already done the research and found the best no deposit poker sites, as well as those accepting a €1 deposit. Casino fans from Australia all the way to the States can enjoy a wide range of excellent poker sites with low minimum deposits. Just click on our top lists of casinos to find the one that's right for you.

If you happen to land on a new casino online and you're not sure how much you'll be required to deposit, it's best to check their help or FAQ section. It should be clearly stated what their minimum deposits might be.

Alternatively, you could contact the customer support team. If they aren't able to give you a friendly, helpful response quickly and easily, it's probably a bad sign about the casino in general.

How to make a deposit

When you visit US poker sites with low minimum deposit thresholds, you might wonder if it's harder to deposit your real money into your casino account. Not to fear, it's still quick and easy to make a deposit.

  • Check out our reviews to find the online casino that's right for you
  • Register a username and confirm your email address
  • Click or tap on cashier or banking
  • Select your desired banking method
  • Input your deposit amount and confirm
  • Start playing real money poker with a low deposit minimum

No Deposit Poker Sites

When you visit no deposit poker sites, you'll be given real money with zero deposit. Poker sites will often do this to let players experience the games and casino online, giving you a taste of what you can expect.

Most no deposit poker works as a no deposit bonus, giving you bonus real money to play with. These bonuses will still require that you play through a certain amount before you can withdraw.

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There are also no deposit poker sites that let you play with fake money. These are great for playing free poker for fun. Plus, if you play at these sites enough, you can get entry into freerolls and other tournaments.

Banking Methods at Top Poker Sites

One of the often overlooked aspects of choosing the best low minimum deposit poker sites is the payment options that they accept. For example, a poker site may list a low minimum deposit requirement of €10 cash but not accept any payment methods that allow transfers under €20.

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The best low minimum deposit limit poker sites accept payment options that coincide with their minimum deposit limit to give you the most options. These are the minimum transfer amounts from some popular banking methods, although the minimums might be different to what you'll find as the online casino's minimum deposit.

Payment MethodMinimum Deposit
Visa€10.00
MasterCard€10.00
Wire Transfer€10.00
PayPal€10.00
Skrill€10.00
Neteller€10.00
Bitcoin€20.00
Paysafecard€10.00

Deposit Real Money on Mobile Devices

You can make a €1 deposit at a mobile casino online. When you use your smartphone or tablet, you can visit no deposit poker sites or make a low minimum deposit, all with the tap and swipe of your fingertips.

Because all our recommended casinos online have excellent mobile integration using apps and instant play, you can use any modern mobile device. This includes iOS, Android, Windows, Kindle Fire and BlackBerry devices.

Budget

Poker Budget Management App

Conclusion

Whether you're looking to win big at no deposit poker sites, or enjoy some €5 minimum deposit poker games, we've got you covered. Our experts only recommend the best online poker sites for low-stakes players, so you can enjoy excellent poker online, no matter what your bankroll.

Visit one of our recommended online poker sites today and start winning real money in 2020.