MARCH 2021: Planning vs. Budgeting vs. Forecasting (Explained)

Planning, budgeting, and forecasting are three financial terms that most people, even in the corporate world, often confuse. Maybe it’s because they often go hand in hand? Maybe. But all three are separate terms and topics. Planning, budgeting, and forecasting is a three-step strategic planning process that allows a company to determine and detail short- … Continued

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