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Financial forecasting Archives | Brixx

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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.

A woman holding her hair in confusion/frustration with the title "6 common cash flow confusions explained"

6 cash flow confusions that commonly confuddle business planning

6 cash flow confusions that commonly confuddle business planning

Numbers can be open to interpretation, especially if you’re not used to arcane accounting methodologies.

Maybe you usually leave the numbers to the accountant, but if you’re a decision maker, then at some point you’ve got to figure out what it all means.

So, today, I’m going to explain some of the common ways cash flow can cause confusion and how you can avoid it.

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. 

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.

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