5 best practices for annual budget planning

Budget planning season is crucial for setting the following year’s strategic direction, the team’s top priorities, and where your team needs to invest in order to achieve business objectives.

We’re firmly into the annual budget planning season. A time where probably zero engineering leaders get excited to populate spreadsheets for the finance team. But there’s more to this exercise than meets the eye.

Budget planning is a strange project that balances mundane activities like inputting line items into spreadsheets with high-level discussions about priorities, roadmap, strategic objectives, and the vision for next year. At least, that’s what it should be when done most optimally.

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