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What is Financial Forecasting | Process & Benefits | Enterslice

The concept of forecasting makes utilization of past data to predict future outcomes. Forecasting is a vital mechanism widely used to make financial and management decisions. #Financial_forecasting is used to make #future_projections about the expenses and revenue of the business and thus predict the profit potential of the company. The screening comprises profit and loss statements, cash flow, balance sheets, etc. The process of #financial_forecasting involves using historical data of sales, revenue, and factors of influence to make future projections. It is then studied by experts to conclude how the enterprise will perform in the target period. To know more about Concept of Financial Forecasting, click on the given link :- https://enterslice.com/learning/the-c... Want to know more about #Enterslice Share, Support, Subscribe!!! to our YouTube channel: http://bit.do/fqM2B Facebook:   / enterslice   Twitter:   / enterslice   LinkedIn:   / enterslice   Instagram:   / enterslice_official