Financial forecasts are detailed financial projections which include projected profit & loss statements, cash flows and your balance sheets.
Preparation of financial forecasts is a crucial part of the business planning process and is critical when looking to raise funds from banks, investors or grant providers.
Bevan & Buckland have years of experience producing financial forecasts. These will help you identify cash shortfalls or needs in the business so that you request funding in plenty of time and ensure your funding request is successful.
We take time to understand your business so that the projections are realistic and we make sure the assumptions we use are based on the actual performance of the business.
We can then vary the assumptions to help you understand what the impact of certain decisions would be on the business which will make decision making far easier.