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Forecasts and Projections are used by business management and individuals as a tool to plan and prepare for the challenges and
opportunities of the future.
Developing a forecast is the worthwhile exercise of performing an in-depth analysis of your industry and market conditions, competition, geographic location, personnel
and other internal and external factors that can affect expected results.
Developing a projection is more limited in scope since it looks at hypothetical "what if" situations
when analyzing business strategies (i.e., to lease or buy).
Over the years, Perdomo Ferrer & Company has assisted many businesses and individuals in developing Forecasts and Projections for a
variety of situational needs. Our involvement varies depending on the particular circumstances and purpose for which the Forecast or Projection is being prepared.Forecasts are prepared most often in
response to a direct request by a banker or potential investor to secure financing or investment capital, among other reasons. |
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