Eliminate the Guesswork: Use Projections and Forecasts for Financial Decisions

Using Projections and Forecasts to Make Financial Decisions
Using Projections and Forecasts to Make Financial Decisions

Time: 3:00pm ET

ISM’s proven financial strategies will help you learn how to understand your school’s trend data so you can make educated financial decisions. Join this webinar to learn recommended strategies to help your school thrive for years to come.

Your success in your role as your school's Business Manager relies on your ability to accurately account for revenue coming in, expenses going out, and creating a plan to serve the best interests of your school and your students. But if you struggle to forecast next year’s enrollment, develop an accurate operating budget months in advance, or control spending, you’re not alone.

ISM’s proven financial strategies will help you understand your school’s trend data so you can make educated financial decisions. Discover how to calculate next year’s enrollment and use the results to develop your three-tier operating budget forecast. You’ll also explore how to use a cut/hold/spend list to make the right choices for your school and bottom line.

We'll cover:

  • using our proven historical data formula to create an enrollment projection for the next school year;
  • developing a three-tier operating budget forecast; and 
  • creating a cut/hold/spend list that supports the three-tier budget.

Run time:

Total run time is 60 minutes. The presentation will run approximately 45 minutes with 15 minutes designated for Q&A.

Who should attend:

This webinar is appropriate for CFOs, Business Officers, and School Heads.

Jerry Chambers

Jerry Chambers, BCP-E

ISM Consultant


Jerry’s areas of expertise include strategic planning, business office operations, human resources, financial analysis, advancement, admissions, and marketing.

Current Role

Jerry began working with ISM in 2014 as a faculty member and joined the Consulting Team in 2016. In this role, he provides insight and recommended strategies for managing the business office, effective financial aid policies, strategic financial planning, and more.

Prior Experience

In addition to his work at ISM, Jerry was the Chief Financial Officer for ten years at The First Academy, FL, a Preschool–12th grade private Christian school with more than 1,450 students.

Jerry had executive responsibilities over finance, operations, facilities, human resources, technology, admission, international student programs, marketing, the school store, and The Virtual Academy.

He helped the school experience a tremendous increase in growth and financial stability. Hard income that covers the operating budget increased from 92% to 108%. Receivables were reduced from $150,000 to an annual average of $4,780. Debt services were reduced 25% and replacement plans were established for Operations, Technology, and the Athletic Complex.

A school store was added and annual sales went from $6,000 to over $200,000. The school also initiated a technology plan of $1.8 million and completed a new middle school building and a new Field House gymnasium, raising $16.2 million to accomplish these projects.

Prior to joining ISM and The First Academy, Jerry worked at various senior-level positions in investment banking, retail, transportation, and logistics. In 2015, Jerry was honored as one of the top CFOs in Central Florida by The Orlando Business Journal.


Jerry earned his Bachelor of Science degree in Marketing and Finance at The Ohio State University.

If several of us at the school want to attend the Webinar, do we each have to register and pay?

If two or more people at your school want to attend the Webinar in the same location (for example, in a conference room with one monitor) then you only need to register and pay for one person who will receive the email and link. If you have people in remote locations, each person will need to register and pay separately. Essentially, a registration and payment gives you one link to the Webinar.

Will I receive a reminder about the Webinar I’ve just purchased?

Yes. A message will be sent to the e-mail address you registered one or two days before the run date. You will receive a link to the Webinar Website as well as PDF slides of the presentation you will be attending.

What happens if I miss my Webinar? Will the fee be refunded?

If you’ve missed your scheduled Webinar, don’t panic—you will automatically receive a link to the recorded Webinar, barring any technical difficulties that prevent us from recording the session.

Will I receive the recorded version of the Webinar I just attended?

You will receive a personalized link to the recorded version which is included with the live Webinar pricing. You may watch this as many times as you need; however, you will not be able to share this link. If you would like to share the recorded version, you will need to purchase a download. Check the archived Webinar library about two weeks after your live Webinar.

What if I have questions about the presentation? Whom do I contact?

During the Webinar, you will be able to type questions, thoughts, and concerns in the communication box. Each Webinar allows 15-minutes for answering these.

What is the difference between single-topic Webinars, Webinar clusters, and Webinar courses?

Single-topic Webinars: These are basic, 60-minute Webinars (typically 45 minutes long with a 15 minute Q&A session), covering various timely concerns and/or situations. Our calendar is updated monthly, and sometimes weekly, as these sessions are designed to tackle a current need within the private-independent school world.

Webinar clusters: These are Webinar sessions covering one topic, but divided into multiple sessions over several days so that the topic can be explored in more detail without overwhelming the attendees. They are designed both for timely topics, such as an update on recent federal laws, and for more general concerns, such as designing your employee medical package to meet both your budget goals and your school’s unique culture.

Webinar courses: These Webinars are designed to function as an ISM workshop but are done remotely. Since they are remote you will not need to travel and incur additional expenses due to that travel. Webinar courses are broken into smaller segments than typical on-site workshops so you won't need to sit in front of your computer for days on end. In fact, Webinar courses can extend over months giving you time to work on projects that a workshop leader may require.

Confirmation and Cancellation Policy

We will correspond with you through email as soon as your workshop is confirmed, no later than two weeks prior to its start date. Occasionally, we may be forced to cancel an unconfirmed, scheduled workshop due to insufficient registration. So we ask that you do not make non-refundable travel arrangements until you receive notice that your workshop is confirmed. (ISM will not be responsible for any change/cancellation charges assessed by your airline or travel agent.)

Tuition Payment and Cancellation Policy for In-Person, Group-based Programs

Tuition must be paid in full 10 business days prior to the start date of the in-person, group-based program. An attendee with a balance due on the start date will be denied entrance to the program until the balance is paid in full.

Cancellation requests must be made in writing by emailing workshops@isminc.com, faxing to 302-656-0647, or mailing to: Professional Development Coordinator, ISM, 1316 N. Union St., Wilmington, DE, 19806.

  • Cancellations received more than 15 business days prior to the start date of the program will be fully refunded. Gold Dollars will also be fully refunded.
  • There will be no refunds for cancellations made less than 15 business days before the start of the program. For registrations paid for with membership Gold Dollars, the member school will receive a 50% refund of Gold Dollars.
  • Non-payment of tuition or no-show to the event does not constitute a cancellation. Full tuition will be due and payable.

The Substitution Option and Wallet Option

Should an attendee need to cancel less than 15 days prior to the start date of the workshop, the school has two options to avoid penalty. Schools may also exercise these options at anytime for cancellations. 

  1. The school may substitute another employee.
  2. The school may bank the funds for a future ISM registration. These funds must be applied to a professional development event within one year from the start date of the original workshop. After one year, the funds will be forfeited. To use banked funds, please call the Professional Development Coordinator at 302-656-4944 x152.

*We DO NOT accept enrollments from consultants.

Image of a teacher and students in class
Image of a teacher and students in class

Our Guarantee

ISM believes in providing quality and excellence in all of our events and in ensuring the satisfaction of everyone who attends. Nearly 100% of our participants say they would recommend our events to their colleagues. If you are not satisfied with your event for any reason, ISM will credit the fee you paid toward another similarly priced workshop or will refund it.

If you have any questions, click below to send us an email. 

Webinar Registration

Register for your Webinar online by filling out the form below.

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Image of a teacher and students in class

Upcoming Workshops and Events

2/1/2020 — 2/2/2020


Strategic Financial Planning: Skills and Implementation

Status: ConfirmedLocation: Houston, TX


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