One of the best tools a business can utilize to know where it currently stands and where it needs to go to achieve its financial objectives and goals is the financial forecast.
What is a Financial Forecast?
For the uninitiated, a financial forecast is a fiscal management tool that presents a systematic projection of expected actions your finance operation should take. Basically, creating a financial forecast is like plotting the route you need to take to arrive at your destination.
Find out more in the infographic below by Joseph F Fragnoli
Infographic created by Joseph F Fragnoli