Forecasts and Projections

Business owners know they need to plan for the future if they want to succeed. They must consider management strategies, prepare budgets and plan for alternative funding possibilities. An important part of the planning process is preparing prospective financial statements that attempt to predict the outcome of your future business activities. These documents are not produced on a regular basis but are important when you want to report your financial condition. They are based on management expectations of how your business is currently operating (forecasts) or on a hypothetical assumption about your businesses future actions (projections). Whether you need to plan for the purchase of new equipment or a complete financial overhaul, Schlenner Wenner & Co. has the experience and knowledge to help your company exceed its financial goals.

For more information, please e-mail Jim Schlenner at jschlenner@swcocpas.com or Steve Schueller at sschueller@swcocpas.com or call 320.251.0286.