When Do Marketing Managers Plan Their Budget For A New Year?

Posted by admin
October 2, 2009

Needing tο know whеn marketing managers рƖаn next year’s budgets. Whаt month οr whаt quarter οf thе year wουƖԁ bе mοѕt helpful

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Most will start planning their budgets before the end of their fiscal year. That can differ from company to company, as some base their fiscal year on the calendar year (Jan. – Dec.) and some choose differently.
My company’s fiscal year, for example, is from Sep. 1 until Aug. 31. We start planning our budgets for the next fiscal year in late spring and then have our budgets finalized by June, two months before our current fiscal year ends.
I can’t speak for how other companies do it, however. I think you’ll find it will be different with each company and there is no single solution.

Comment by Social_B on October 2, 2009 @ 6:48 pm

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