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Chapter 28. Forecasting Your Financial F... > Understanding the Types of Forecasti...

Understanding the Types of Forecasting

No successful business operates in the dark. You never want to get into a position where your company’s available cash is not adequate to meet required expenditures.

In order to grow, a business needs plans for the future, and expectations of how those plans will be implemented. Forecasting techniques enable you to meet your short-term needs as well as to prepare for the future.


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