A change in the price of our necessities can greatly affect our budget. As a manager, these necessities include our building, utilities, supplies, equipment, salaries, and a perfect example is fuel for our employee vehicles. It may not seem like much, but a simple $0.25 rise in the price of all our utilities could leave to a $15+ rise in our weekly bill. Over a month or a year, these bills quickly add up.
Gasoline prices are one instance where prices fluctuate quite frequently. Over the past 3 years, the national average price for gasoline in the United States has risen from $2-$3 per gallon in 2006 to topping off at $4.12 per gallon in 2008 to $1.61 in 2009. Now, it is slowly rising again and is currently at $2.43 per gallon….
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