Forecasting

Creating a Sensitivity Analysis & Forecast

Creating Your Forecasted Sensitivity Analysis

Categories: Forecasting

Example of Legal and Professional Fees

Legal Fees - from Operating Expense Budget

Murray anticipates to have legal fees and other professional services in 200X only. These fees are expected to be paid in July of 200X. As a result, Murray's 200X Forecasted Cash Flow Statement will show a Cash Outflow of $1200 in July (only) for legal fees. In addition, his 200X Forecasted Income Statement will show a $1,200 amount in his "Legal Fees Expense " account.

Categories: Forecasting

Calculating the Fixed Assets Budget

BUDGET 8 - DEVELOPING YOUR FIXED ASSETS BUDGET

Categories: Forecasting

Operating Expenses and Budget

BUDGET 9  -  DEVELOPING YOUR OPERATING EXPENSES BUDGET

Operating Expenses consist of goods or services used or consumed in operating a business. Operating Expenses consist of two categories; Marketing Expenses and Administrative Expenses.

Categories: Forecasting

Business Plan 1 Notes to Financial Statements.

SCHOLARSHIP INFORMATION SERVICES
NOTES TO THE FORECASTED FINANCIAL STATEMENTS
FOR YEARS ENDING DECEMBER 31, 200X & 200Y

The following notes have been developed to help guide readers through the 200X and 200Y forecasted financial statement section of the business plan. When reading these notes, please recall the Company's startup date is scheduled for July 1, 200X. The first "NOTE" to be addressed below is the company's Sales Forecast.
 

Categories: Forecasting

Forecasting Beginning Cash Balance

CASH AT THE BEGINNING OF THE MONTH

Categories: Forecasting

How to Create a Balance Sheet

Creating Your Forecasted Balance Sheet

After completing your Financial Budgets (step 1), your First Year Forecasted Cash Flow Statement (step 2), and your First Year Forecasted Income Statement (step 3), the next step is to develop your First Year Forecasted Balance Sheet (remember to create your forecasted financial statements one year at a time).

Categories: Forecasting

Inventory and Purchase Budget - Part 3

Part 3  -  Determine When You Will Pay For Your Monthly Purchases

Payment on purchases will depend solely on the credit terms offered by your supplier's of product. Credit terms refer to the number of days (if any) suppliers allow a business to pay for goods or services. Many suppliers provide credit terms of 30 days, 90 days, or 120 days. Other suppliers will not provide credit to businesses, especially new ventures.

Categories: Forecasting

Inventory and Purchase Budget - Part 1

Part 1  -  Determine the # of units or products to purchase each month

In order to determine the number of units to purchase each month, you are required to A) Forecast Your Monthly Sales in Units, and B) develop a Monthly Ending Inventory Schedule.

Categories: Forecasting

Forecasting Earnings before Tax

Earnings Before Income Taxes

Earnings Before Income Taxes appear on the Income Statement and is calculated by subtracting "Sales" from "Cost of Goods Sold" & "Operating Expenses". Below summarizes Murray's forecasted Earnings Before Income Taxes for the business years ending December 31, 200X and 200Y.

 

Categories: Forecasting
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