What is financial forecasting?

Planning for the future

Forecasting is the method of analysing historical and current data as well as market trends to make predictions about your company's financial performance in the future. enabling you to make appropriate plans and determine which parts of your company's finances need to be improved in order to achieve the desired result.

Why Finance Box for financial forecasting?

We have developed a 5 stage collaborative programme to build a multi-year financial record for businesses. This consist of:

  1. Initial draft using available data

  2. Collaboration with you to agree on our findings

  3. Review of initial draft

  4. Application of changes to working model

  5. Delivery of forecasting

The power of forecasting

Once your forecast is complete, it is the perfect tool to match up to your management accounts for regular reporting to ensure you either remain on track of your goals or edit your forecast so you can plan where you’re heading.

Your report will enable you to compare your performance to your annual results and modify your future estimates as necessary to maintain a positive cash flow!

Don’t make business decisions in the dark

Speak to one of our accounting heroes today!

More accounting services

A super hero of Cashflow

Cashflow

You’ve probably heard the phrase “cash is king”. But why is cash king?

A super hero of Management accounts

Management accounts

Bringing your data to life, providing you with reports that help you make better business decisions.

A super hero of VAT returns

VAT returns

We’ll make sure your returns are accurate, compliant and filed on time.