business planning

3 posts

How To Use Excel for Seasonal Forecasting

If you have years worth of sales data, you can use that data, with the help of Excel, to predict upcoming trends and help you plan for your business. Forecasts can help you with important business decisions, such as managing staff and inventory, planning budgets, and predicting cash flow issues. […]

Measuring Errors for Quality Forecasting

It is perhaps part of human nature to react to errors as soon as they see it. Being able to identify them is crucial in just about anything especially in instances where minor discrepancies would impact the expected results a lot. Forecasting business flow is necessary in making important decisions. […]

What is Financial Performance Management?

At its’ most basic, the series of activities or processes that are used to observe a company’s short and long term financial results are filed under financial performance management. Although this phrase is mostly used in investment management, it can also be used in business functions.     The basic […]