FINANCIAL PLANNING & PROJECTIONS
A forecast represents anticipated results based on management’s best estimates of future events. A projection, on the other hand, represents expected future results given one or more hypothetical assumptions. Examples of important hypothetical situations that could materially impact future results would include a major equipment purchase, merging with another entity or fluctuations in market prices for your product or a key purchase component. NE Financial Services can assist you in identifying the critical drivers for your business so that a meaningful projection can be accomplished. Forecasts and projections are important tools for tax planning, cash flow planning and managing lending arrangements.