Forecasting without validation is just GUESSING and will result in missed financial targets!
Cash flow forecasting (or projections) is a system of guesstimating and validating your anticipated income and expense for a predetermined period of time - for instance 1 year or 3 year.
All income (revenue) and expenses should be considered and entered into a forecasting document. For this class, we will do our forecasting in LivePlan, however, it can also be done on a spreadsheet.
Sample Statement of Cash Flow -