The three most popular planning approaches are percentage adjustment, zero-based budgeting, and driver-based budgeting. Don’t make the mistake of using them in the wrong circumstances. That doesn't just hurt the accuracy of your plan, it can also have other adverse effects. Read on to learn more about when to use each one.

Running an annual budgeting process takes a lot of time. It can tie up the entire company. So it’s important the time put into it is made to good use. Spending it all on getting the highest accuracy possible doesn’t make sense. Read on to learn what you should focus on instead.

A Plan is inaccurate the minute it’s been put on paper. Why should companies do it then? Read on to find out.