Financial forecasting is essential in business planning and decision-making process especially decisions involving business growth. Almost every business whether new startup or existing needs financial projections for various reasons such as:
Financial projections are developed based on historical financial information, plan of management and expectation regarding changes in external dynamics in the relevant market. Typically, financial projections for a business can include the following covering period of 3 to 5 years:
Our experts at VA, can assist you with financial models which are based on relatively realistic approach and financial projections can be presented under different scenarios. We ensure the expectation of changes in external factors have been built appropriately in financial model.