As your business grows it will become more important that you forecast sales, purchases and other financial activities for the year ahead.
While a forecast may be an estimation of your financial position over the coming year, a realistic forecast document does allow you to perform ‘what if’ scenarios. These are invaluable if you plan to take on more staff or move premises, for example.
For the forecast to be of practical use it needs to be realistic as possible. This usually means spending some time on current trends, the lag between landing a new customer and payment, and your type of business.

Yet when immersed in the day-to-day busyness of business, it can be difficult to find the time to prepare an accurate and meaningful forecast that you can rely on to make decisions.
Forecasting is one of the main strategic planning services we offer, in a nutshell, we will:
- Understand your business model
- Create meaningful key performance indicators
- Prepare a 12 month financial forecast
- Create a board reporting pack
If you want to take on a new product line, deliver a new service or significantly expand your customer base, a forecast will help you decide whether you can afford to take on the extra staff that may be needed.
We can help you ensure your forecasting document will reflect reality as much as possible.
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