Definition
Forecasts are predictions about future trends or performance based on historical data, market conditions, and assumptions.
Related Services
Business analysis, financial planning, and market research services assist companies in creating accurate forecasts to guide decisions.
Problem and Application
Forecasts can be useful for planning, but they are subject to change and may not account for unforeseen circumstances or market shifts.
Conclusion
Forecasts provide valuable insights into future performance, but they should be updated regularly and be part of a flexible business strategy.
