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.
The 13 week cash flow forecast is a tool for improving cash management in your business. Dedicating just a small amount of time to plan ahead can have great benefits and in this article we explore how you can take action now to avoid problems in the future.
Once you’ve created a cash flow forecast, you’re in a great position to start examining future scenarios for your business. In this article we look at 6 common scenarios that almost any business should be modelling.
Spreadsheets are ubiquitous for a reason – you can use them for anything! But with increasing complexity comes the danger of human error. In this article, we look at how to avoid making a mess of your cash flow forecast spreadsheet, and suggest an alternative…
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.
Financial forecasting is a crucial business activity – so why isn’t everybody talking about it? In this ultimate guide, we bring together the reasons why forecasting is so important and how to go about making realistic forecasts painlessly!
When you first start up a new business, it can feel like you are surrounded by a whirlwind of things to do. Read our guide to find out how to make the best start to your business with a well-informed cash flow forecast.
Having a quarterly business planning cycle helps your vision to keep on track, but what exactly is the process? Read more to find out how we manage it.
Do you have an established business? If you do, it’s important to have a financial plan. The good news is – creating a robust financial model is generally easier for existing business than for startups. As many of our customers are planning existing businesses in this article I’m going to give some tips and advice for planning these businesses in Brixx.
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