Module 15: Using Basic Forecasting Methods to Plan for the Future

Covered in this module: An introduction to forecasting Types of forecasting problems Different forecasting methods Forecasting for small businesses How to create simple forecasts for sales, profit and loss and cash flow How can Float and Excel help with forecasting? 15.1 An introduction to forecasting The practice known as forecasting is not as mythical as it sounds. There are no crystal orbs, or dimly lit candles. Forecasting is the estimation of the financia...