Why do I need business financial projections and forecasts?
Financial projections and forecasts bring the dual benefit of helping businesses to identify investment opportunities and identifying threats.
Well-kept financial records and regularly updated forecasts allow business owners and directors to assess the areas where cash flow is likely to increase, signaling opportunities for strategic investment and expansion.
Equally, a shortfall in cash can catch any business off guard, so it is important to take steps to foresee financial threats before they become a problem.
The information produced by financial projections and forecasts is often invaluable for when communicating with lenders and investors at times when new or additional borrowing facilities are required.
More from Business Advice and Support
Our comprehensive business advice and support services are key to the type of firm we are.
In addition to covering your basic requirements such as accountancy and tax compliance we will provide you with a complete service to give you practical help. Please click on the relevant heading for further details.
Our Projections and Forecasts Team
- Audit and Accountancy
- Tax and Estate Planning
- Business Advice and Support
- Corporate Finance
- Independent Financial Advice