Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. It’s like starting with a blank canvas and carefully selecting each budget item based on its value and contribution to your financial objectives. This approach ensures that every piece of your budget fits together harmoniously to create a clear and purposeful financial picture.In…Source: IBM Blockchain
What is zero-based budgeting?
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