Whether you’ve finished your 2022 projections or not, here are 3 tips you need to know to put the finishing touches on your forecast for next year:
1. Look for tendencies in your forecasting to gain insights on things you can do to improve next year.
- Did you overestimate revenue and profits? Maybe you were a little too ambitious on your revenue assumptions?
- What about collections from clients and payments to vendors? Did you accurately forecast the timing of those payments?