Question

meaning and methods of profit forecasting

Answer 1

Answer:

Quite simply, a profit forecast is a prediction based on the financial data you have available of what your business income will be at set intervals or a set time in the future. To create an accurate forecast, you need to have good information (or very educated guesses) of business expenses and income.

Answer 2

Explanation:

Quite simply, a profit forecast is a prediction based on the financial data you have available of what your business income will be at set intervals or a set time in the future. To create an accurate forecast, you need to have good information (or very educated guesses) of business expenses and income.