What is financial forecasting?

Planning for the future

Forecasting is the process of looking at past and present data and industry trends to predict your company’s future financial performance. Allowing you to plan accordingly and see what areas of your companies finances need to be worked on to reach the desired outcome.

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 Management accounts

Management accounts

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

A super hero of Forecasting

Forecasting

With your input, we can build a financial forecast to help you plan for the future, and we can adjust it to show you different scenarios - all designed to keep you on track or perhaps re-plot where you want to be.

A super hero of Annual accounts & tax

Annual accounts & tax

We will take care of your annual accounts and ensure filing on time, complete with an audit ready pack for review, whilst also handling your company tax duties for you.