Episode 5: Financial Forecasting: What, How, When and Why
On this episode of the Kendra Nicole podcast, host Kendra Nicole provides a clear and practical guide to financial forecasting for small businesses. Drawing on her experience as a finance firm owner, she explores the importance of forecasting for planning growth and making informed decisions.
Here are some key points talked on the episode:
● Client Success Story: Kendra shares a client success story illustrating the positive impact of strategic financial planning on business expansion.
● Techniques Explored: Key techniques covered in the episode include historical data analysis, sales forecasting, expense projections, cash flow forecasting, and scenario planning.
● Essential Tools: Kendra recommends crucial tools such as accounting software for efficient financial management.
● Actionable Insights: Whether you're a startup or an established business owner, this episode provides actionable insights to enhance your financial planning skills.
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