Keys to Effective Forecasting
Updated: Jun 26, 2018
Most small business owners (and those helping them forecast or plan their business) fail to recognize BOTH Company (those in their control) & Economic (those not in their control) risks to their business. Many only have the skill set to factor company specific risk into their forecasts if at all. Those in the housing related segments are about to see my point as cracks in demand are now appearing tied to higher interest rates which we anticipated. Effective and accurate forecasting requires taking into account economic risk particularly in segments that are cyclical in nature. Don't settle for inaccurate forecasting (or none at all) which leads to poor planning. We view your business thru an investors eyes not an accountants thus are able to see other factors like interest rates on a business. Come talk to us how we apply our economic perspectives to better plan for our clients.
Contact us to better understand how we use our 5 Step Process to install financial controls to monitor, measure and analyze profitability. To gain from our insights please contact us or sign up for email updates via https://www.charlotteconsultantservices.com/news-update.
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