Table of contents
Estimate the Timing of the Expense Change
If Idea implementation started on the first day of next month, when would you expect the Expense Change to happen?
Estimating the date will help you sketch an implementation roadmap.
One-time Expenses
If payment will happen in installments, select the expected months for first and last payment.
If payment will happen in a lump sum, set the expected payment month as both the start and end date.
Examples
App development requires a one-time IT project expense. This will be billed to the product department and paid in increments over the next three quarters.
Touchless takeout requires a one-time signage expense. This will be paid all at once. Signs will be ordered two months before launch.
Ongoing Expenses
Examples
Outsourcing cleaning requires an ongoing expense for cleaning services. We expect to start billing services within the first month of Idea implementation.
Touchless takeout requires purchasing takeout packaging materials. This is an ongoing expense that will begin one month before launch.
- Retailing secret sauce requires ongoing expenses for product manufacturing and distribution. Manufacturing is expected to start two months after Idea implementation begins. Distribution is likely to start a month after manufacturing begins.
Tips
Remember, you are simply sketching a roadmap. Sequence and pacing are all that matter now. Actual dates for each step will be determined later.
If you would rather save this question for the Validator, simply select next month as the expected date or dates.