Methods of financial forecasting explained

Businesses can’t gaze into a crystal ball to see the future. 

But they can turn to methods of financial forecasting to help offset pressure, plan critical strategies, and more – even the introduction of helpful solutions such as asset finance in the future.

According to Forbes’ Business Council, “without any sound financial projections, any business plan is merely conceptual” – making them an essential planning tool for any SME.

Tackling the financial aspects of any business plan can feel daunting. But when you’re faced with uncertainty, financial forecasting can help you feel more in control of your market and operations. 

Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.

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