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Well put together forecasts will not, on their own, get you the funding you need.

Badly put together forecasts could stop you getting the funding you need!

There is no set format for forecasts but typically you will need a 3 year, by month, Profit and Loss forecast with an integrated Cash-Flow Forecast and (if an asset-rich business) a Balance Sheet forecast as well. Clearly the level of detail required will also depend on the amount of money required – the greater the amount, the greater the detail.

I do two things for my clients when it comes to Financial Forecasts: