Shorts

Importance of Forecasting & Budgeting

Why Forecasting and Budgeting Matter

Forecasting and budgeting act as a roadmap for your business. They show where your cash flow starts, where it’s expected to end, and how it moves throughout the year.

By mapping key milestones; like hiring staff or purchasing equipment, so you can plan for cash inflows and outflows in advance.

This helps avoid cash shortages, reduces financial stress, and gives confidence when making important business decisions.