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[{"title": "Challenges in creating accurate financial forecasting - Zetran", "href": "https://zetran.com/challenges-in-creating-accurate-financial-forecasting/", "body": "Financial forecasting is performed based on past business data to predict the future. Take an instant that your business average growth as 10% as a stable one for the past 4 years, you could predict your business finance for the next 4 years as 10%. While you use this kind of system wider, then you are on the way to financial forecasting problems."}, {"title": "What are the advantages and disadvantages of financial forecasting ...", "href": "https://countingup.com/resources/what-are-the-advantages-and-disadvantages-of-financial-forecasting/", "body": "One of the big advantages of forecasting is how much it helps with financial planning. If you have an idea of what the next few weeks will look like for your business, it's much easier to plan out things like stock orders. For instance, if your forecast indicates a lot of sales in the near future, you could start planning to expand your business."}, {"title": "16 Factors To Consider When Budgeting And Forecasting For Next ... - Forbes", "href": "https://www.forbes.com/sites/forbesfinancecouncil/2023/08/11/16-key-factors-to-consider-when-budgeting-and-forecasting-for-the-upcoming-year/", "body": "1. Historical Performance. A crucial factor that managers need to consider when budgeting and forecasting for the upcoming year is the company's historical financial performance. Analyzing past ..."}]