Contents
Unit 6: Business Decision Making
Module objectives
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Objectives
Creating and interpreting financial forecasts
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Creating and interpreting financial forecasts
Viability of a business – ratios analysis
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Viability of a business – ratios analysis
Threats and 'what if' scenarios
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Threats and 'what if' scenarios
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Creating a contingency plan
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Creating a contingency plan
Case Study: Contingency Planning
Module 6: Creating, interpreting and analysing financial forecasts

Creating and interpreting financial forecasts

 

Click on the type of financial analysis to learn more or to remind yourself of what they are:

Sales forecast

Sales forecasting is about trying to estimate future revenue whilst predicting how much of a product or service a business will sell. If a business has been trading for some time it will be able to use historical figures to see if there is a pattern. This trend can then be used to try to predict what will happen in the future.

If a business is new, research will have to be used to try to predict sales.

Follow the link to read more about sales forecasts:

Sales forecasting

Cash flow forecast

Follow the link to go back to Unit 3: Personal and Business Finance to remind yourself about Cashflow Forecasts

 

Personal and Business Finance - Cashflow Forecasts
Break-even chart

Follow the link to go back to Unit 3: Personal and Business Finance to remind yourself about Break-even Analysis.

Break-even analysis

Statement of comprehensive income
Follow the link to go back to Unit 3: Personal and Business Finance to remind yourself about a Comprehensive Income Statement.

Personal and Business Finance – Comprehensive Income Statement.

Statement of financial position
Follow the link to go back to Unit 3: Personal and Business Finance to remind yourself about Performance Measurement.
Personal and Business Finance – Performance Measurement.


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