When people are creating a new forecast for a company that is just starting they sometimes freeze up because they do not know what values to assign to certain assumptions because the business is new.… How to create a sensitivity analysis

The number one mistake I see with forecasts is that people create a forecast that just increases revenue by X percent each month.  Here are the reasons why this is bad – It is hard to… How to create a driver based sales forecast

Financial forecasting helps companies plan and understand their business better.  When you understand your business you can invest the correct amount in the right areas so that your business can continue to grow without running… Why Financial Forecasting Matters

At Finance Pals we specialize in creating detailed forecasts based on key drivers such as number of new customers and revenue / costs per new customer or profit margin. Here are our 5 steps for… How to create a financial forecast