Through the use of superior forecasting tools and deep industry knowledge, we can ensure you have a clear understanding of where your business is and more importantly, where it is heading:
What does business forecasting entail?
The type of business you operate and your specific business objectives will dictate what the forecasting process will entail. Typically, when being asked to create a financial forecast, we will conduct the following tasks:
Producing full financial forecasting documents. To do so, the team will draw on details such as plans for business growth, assumptions for future trading and the current/future market conditions.
Carrying out regular reviews of the forecast, helping keep your business on track and recommending any necessary changes to the forecast.
Supporting with the groundwork and research required to generate an accurate forecast.
Providing sound advice on improving existing forecasts, identifying growth areas and areas that require improvement.
Liaising with you and your team to outline KPIs and to monitor growth and progress.
Financial forecasting for lending purposes
If you are looking at the funding options available to you and your business, then it is likely that you will need a financial forecast. This is due to the fact that banks, lenders and investors will want to see that you can generate income in order to either repay what you have borrowed or add value to an investment made. If you would like the Cadre team to create a financial forecast for your business, we would be more than happy to discuss this with you. Contact our specialist team today to put your business’ plans into context!