Posted by John O’Rourke
Static budgets and rolling forecasts are two drastically different approaches to achieving a similar goal – predicting the future finances of a business.
While static budgets continue to be the predominant choice among businesses, rolling forecasts provide a number of advantages that make them ideal for many companies. The ideal budgeting approach largely depends on your business model. The size, growth-rate, and industry fluctuations of your business can help you determine the ideal budgeting method for your company.