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How do I forecast my business performance for my business plan?

You need to ensure your business performance forecasts for your business plan are realistic and explain what assumptions you have made the forecasts on.

A cashflow and profit and loss forecast is usually sufficient for a smaller business and this will typically be over 1 to 3 or 5 years.

There are many free templates you can use to help with this however we provide a forecasting tool (opens in a new window), please use this to prepare for what the future could look like.