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Financial Forecasting

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Modelling best & worst case scenarios to overcome inaccurate financial forecasts

Modelling best & worst case scenarios to overcome inaccurate financial forecasts

Basing your strategic business plan on a single forecast is fraught with issues in the unpredictable world we live in. You already know it’s going to be inaccurate before the ink is even dry. In order to create an effective plan of action, you need to model a range of realistic scenarios to be prepared for whichever eventuality becomes reality.

Weighing scaled depicting why a balance sheet needs to balance

Why Does a Balance Sheet Need to Balance?

Why Does a Balance Sheet Need to Balance?

The balance sheet is packed with financial information crucial to understanding the health of your company. However, for a lot of people, it’s one of the hardest financial statements to get to grips with. Even the most fundamental pillar of the balance sheet, why it needs to balance, eludes many of us. 

Free profit and loss template

Free Profit and Loss (Income Statement) Forecast Template – Excel & Google Sheets

Free Profit and Loss (Income Statement) Forecast Template – Excel & Google Sheets

Get a free profit and loss template on us! Claim your template in this article, which features: equations to calculate totals, the ability to place your figures into the correct financial accounts
and creates a professional financial report with ease – rather than expertise!

Tim Room 4th February 2020 By No Comments Read this post
financial projections guide for a startups business plan

Financial Projections Guide for a Startup Business Plan

Financial Projections Guide for a Startup Business Plan

In part 3 of our business planning series we tackle the dreaded financial forecast head on. You’ll pull together everything you’ve learnt in the 90 day challenge to create compelling, realistic financial projections for your startup. It’s not as scary as it seems and we’ll show you exactly what you need to do.

How to create an effective financial forecast with no historical data header

How to Create an Effective Financial Forecast With No Historical Data

How to Create an Effective Financial Forecast With No Historical Data

Extrapolating historical data is one way of creating a financial forecast. If you’re a new business or a you are launching a new product, you need a different process. In this article we go through what this process looks like and how you can make effective projections even without past figures to reference.

Blog banner - financial modelling techniques for small business

The Beginner’s Guide to Financial Modelling Techniques for Small Business

The Beginner’s Guide to Financial Modelling Techniques for Small Business

Financial modelling is seen as a niche activity. But, it’s actually the best and most natural way to make the most of forecasting. This week, we take a look through the applications of financial modelling, explain what it’s all about, and show how Brixx can make this seemingly complex activity simple and approachable for small businesses.

James Beer 17th September 2019 By No Comments Read this post

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