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Once upon a time, businesses were satisfied with creating an annual budget. You used your budget as a measuring stick to gauge performance against assumptions made months ago. But times have changed – which is why financial forecasting is more important than your annual budget. CEOs increasingly share your concerns.
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They can help you develop budgets, financial projections, and cashflowforecasts to ensure your nonprofit is financially sustainable. They can also provide financial reports that show how your organization is performing and how it compares to industry benchmarks.
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