Some alternatives to using a budgeting model could include zero-based budgeting, where every expense must be justified for each new period, or the use of financial software that can help track expenses and income. Another alternative could be the envelope system, where cash for different categories of expenses is set aside in envelopes. Lastly, a company could hire a financial advisor or consultant to manage their finances.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
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