Financial Forecasting- Stage 1

What is financial forecasting?

A financial plan of future income and expenditure

What is a household budget?

A budget set for expenditure in businesses

A budget set for expenditure in homes

A budget set for income and expenditure in homes?

A budget for expenditure and income for household items?

What do Financial plans help with?

Identify Surpluses

Identify Deficits

Help plan expenditure and income

Help with planning permission

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