Budget Forecasting
Estimating how much money your startup will spend in the upcoming weeks, quarters, or years is a smart way to prepare for your financial future.
Budget forecasting uses data from your budget’s upcoming fiscal period to estimate your revenues and expenses if you follow that budget as planned.
Once the period you’re forecasting is complete, you conduct an analysis i to find out how or why your startup stayed within, under, or over budget. Besides finding out why it happened, the analysis allows you to project your budget for the next or similar periods and forecast more accurately down the road.