Discover how to forecast business expenses in this 2-part video.
Predicting business expenses is extremely important to help determine strategies, growth, and potential future profit and losses. Having accurate expense projections and a sound business model is crucial. This training tutorial discusses sales how to predict future expenses for a business.
During the financial forecasting tutorial, your instructor will use the Vertical Analysis to forecast future expenses. He'll show you the forecasting of general and administrative expenses, cost of sales, debt costs, taxes, and more.
Using this model, you can also predict future EBT (Earnings Before Taxes) and EBIT (Earnings Before Interest and Taxes).
You can forecast your P&L line items and future income statements by predicting future expenses.
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