SSI Budgeting and Forecasting Without the Overwhelm: Finance 101
PSA CFO Allen Riggs is back with another Finance 101 article, explaining why a well-crafted budget or forecast is an essential guide to understanding your company's financial future.
Budgeting and forecasting are your financial GPS. When you drive your car, you need to know where you’re going; you wouldn’t set out across unfamiliar terrain without at least some guidance. The same is true for your business.
A solid budget or forecast not only tells you where you’re headed but also helps you map out the best path to get there. It can clarify when to hire or restructure, when to invest in technology, and when to strengthen your banking relationships. In short, a good forecast becomes your guide for smart, confident decision-making.
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