Rolling Budget Pros And Cons

A rolling budget is a sort of financial planning that allows organizations to respond to changing market conditions with greater flexibility and agility. It also improves departmental collaboration and communication, although it can be time-consuming and resource-intensive to maintain. 

In this article, I'll go over the benefits and drawbacks of utilizing a rolling budget so you can decide if it's good for your company.

I'll begin by explaining what a rolling budget is, then look at the advantages it provides, such as more flexibility and the ability to quickly respond to changing financial conditions. Finally, I'll look at some of the potential negatives of having a rolling budget, such as complex structures that are difficult to manage and potential budgeting mistakes. 

Source: https://gladstonellc.com/rolling-budget-pros-and-cons/

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