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A financial forecast is simply a financial plan or budget for your business. Financial forecasts provide a best guess of what will happen to your business financially in the future. That is, they are an estimation of future income and expenses for a business over the coming years and are used to develop the projections of profit and loss statements, balance sheets and, most critically, the cash flow forecast.
Predicting the financial future of your business is not easy, however, much like a map on a long road trip, it helps you helps you achieve your goals and get your business to where you want it to be.
A financial forecast combines historic data and organisational competences with external market conditions and economic indicators to forecast future performance. This allows you the opportunity to ensure adequate resources are available. Or, if a contraction is likely, better manage the decline.
ABA raises planning and what-if analysis to new levels of responsiveness for your small business. We link together finance and operations to help uncover new business opportunities, increase profits, and manage capital effectively.
We use the latest technology to create a fluid, easy to navigate information environment, which truly puts you on the leading edge of Business Analytics.
All our consulting solutions are designed to maximise your return on investment and create a solid ground for growth.