{"id":2098,"date":"2021-02-17T15:21:00","date_gmt":"2021-02-17T15:21:00","guid":{"rendered":"https:\/\/www.clockwork.com\/?p=2098"},"modified":"2025-10-21T19:07:48","modified_gmt":"2025-10-21T19:07:48","slug":"share-your-budget","status":"publish","type":"post","link":"https:\/\/www.clockwork.com\/insights\/share-your-budget\/","title":{"rendered":"3 things you get when you share your budget"},"content":{"rendered":"\n

You\u2019re vetting service providers for a website redesign or other digital initiative and you’re working within a budget. You should hold your cards close. Right? That\u2019s how you compare options and get the most value for your money. We\u2019re here to make the case that, oftentimes, with the type of work we do, keeping your cards close is not the best approach<\/strong>.<\/p>\n\n\n\n

3 benefits to sharing your budget<\/h2>\n\n\n\n

1. A partner you actually trust<\/h3>\n\n\n\n

Discussing your budget can be a great way to set the tone of a partnership. Candid conversations can instill trust and collaboration, while hiding your budget can create an unhealthy tension that doesn\u2019t serve the work or the relationship. <\/p>\n\n\n\n

When determining if a partnership is a good fit, a helpful gut-check can be to ask yourself:<\/p>\n\n\n\n

\u201cWill I trust them to deliver on objectives or solve problems strategically if I don\u2019t feel comfortable sharing my budget with them?\u201d<\/em><\/p>\n\n\n\n

We recognize that there is a lot at stake here. We don\u2019t know what it took for you to secure this budget or how far out on a limb you put yourself to advocate for this work. Share that with us so we can help you look good and deliver. Having budgetary conversations early on helps us have your back and support your conversations with stakeholders.<\/p>\n\n\n\n

\n\n\n\n

The value of an NDA<\/h3>\n\n\n\n

One way to share your budget with confidence is with the help of a non-disclosure agreement. An NDA can act as a pressure release valve \u2014 allowing both parties to talk openly about objectives and risks. It can also allow us the chance to look under the hood, so to speak, which results in a more productive conversation and a more accurate estimate.<\/p>\n\n\n\n

\n\n\n\n

2. Clear comparison<\/h3>\n\n\n\n

When you\u2019re vetting different service providers, budget transparency can improve your ability to compare approaches and assess the value delivered by each. <\/p>\n\n\n\n

It\u2019s difficult to evaluate options when estimates all provide a different set of deliverables at a range of price points. When potential partners all respond within a known budget, you\u2019re able to focus on non-financial aspects \u2014 the things that, we\u2019ve found, make or break a project. <\/p>\n\n\n\n