Benchmarking to Develop A Financial Forecast

by Vanguard Software


Budgeting and forecasting is essential to long- and short-term financial planning and decision making. But creating a truly useful budget requires at least three years of sales and other historical data. Smart Business Magazine relates the importance of historical data, and a few other financial forecasting necessities, following a conversation with financial expert Michael Stevenson, managing partner at Clarus Partners

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