BUSINESS FORECAST

Uses of Business Forecast

Uses of Business Forecast

Introduction

Budget planning in enterprises depends on the quality of forecasts of the main indicators of industrial activity, market conditions, the state of monetary, exchange rate, etc. Therefore, in these circumstances is possible underestimation of the need for financial resources and changes in financial position of enterprises, and therefore, it is necessary to provide financial reserves (Mostaghimi, 2010).

Uses of Business Forecast

Business Forecasts for the Calculation of the Operating Budgets of the Enterprise In order to perform the calculation of operating budgets, enterprises need to prepare business forecasts: Indices of Price Changes

At this stage it is ...