A budgeting model can significantly impact a company's earnings per share (EPS). It helps senior management forecast and plan strategies to deliver stable EPS trends. The model guides each business department to execute plans that contribute to the targeted total. It also shifts the focus from financial precision to strategic success, driving the budgeting and adaptation process. This approach sparks discussions that allocate resources from the strategy down, rather than from individual projects up. Moreover, planning faster and more frequently can alleviate stress over budget accuracy, allowing for necessary adjustments and flexibility.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
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