Accurate financial forecasting is crucial for small businesses, but developing and updating forecasts can be time-consuming, frustrating, and ultimately inaccurate. Precise forecasts provide...
Forecasting Archives - CFOShare
Why Businesses Fail Financially
“Running out of cash” is the most common cause for business failure. But cash shortfalls are actually a symptom of deeper, systemic problems...
How to Create a Financial Forecast with Your CFO
Financial forecasting is an essential practice, but navigating the waters of financial planning can be daunting, especially when you’re considering bringing a fractional...
The Value of Financial Forecasts for Business Planning
In the whirlwind of being a small business owner, you may feel too overwhelmed to take time for forecasting, but building a financial...
What Are The 4 Components of Financial Health?
In the dynamic realm of startups and SMBs, understanding the pillars of financial health is paramount. These components aren’t just indicators of present...
How do You Know If Your Business Is Financially Healthy
In the world of business, financial stability isn’t just about profits, it’s about maintaining a stable foundation that fosters growth, resilience, and long-term...
What is Quality of Earnings?
Thinking of buying or selling a business? A Quality of Earnings report drills into the details of the business’ financial statements and cash...
What is a 13 Week Cash Flow Forecast?
A 13 week cash flow forecast is a short term forecast used during liquidity shortfalls to plan a company’s cash flows and avoid...
What is a 12 Month Rolling Forecast?
A rolling 12-month forecast projects financial performance over a 12-month time horizon using the “add/drop” approach to forecasting. Unlike a budget or calendar...
How to Calculate Sales Forecast for a New Business
Projecting sales is the most important and challenging piece of forecasting, especially for new businesses with little to no historic data. Many small...