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The Key to Budget Planning and Financial Analysis

Strategic planning is only as effective as your financial capability to enable those decisions.
By Entrepreneur Partner Studio Staff

Rachel Drori, founder of reimagined frozen food delivery company Daily Harvest, is passionate about food. But as an entrepreneur, she is equally as committed to the financial success of her company.

In the budget planning process, Drori is a believer in maximizing variable costs, which can enable you to scale with less upfront capital need. Critical to making this work, though, is a robust annual financial and strategic planning process. Visibility into what upfront costs you’ll likely incur over the next 12 months, and therefore any capital need, is critical so you can stay ahead of your own growth curve.

For more on Drori’s financial and strategic planning insights, watch the short video above.

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