Financial projections can help you forecast how your business will perform in the future

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By using existing or estimated financial data we can help you understand how future income and expenses may affect your business’s profitability in the future.

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Used predominantly as a business planning tool, financial projections can help if you’re starting a business and can help you assess your starting budgets and when you may become profitable. Then moving forward, when your business is established, these financial projections can help you identify your business goals and then, in conjunction with your monthly accounts, they can help set benchmarks for your continued growth.

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Financial projections can also help with the approval by trusted providers of appropriate funding and finance.

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In general, financial projections pull together and analyse:

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• Start-up costs
• Payroll
• Sales
• General business operation costs
• Cash flow
• Balance sheet
• Break-even analysis
• Amortisation and depreciation.

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