Definition
A Profit Forecast is an estimate of the future profitability of a business, predicting upcoming income, expenses, and net profits.
Frequently asked questions
What is a profit forecast?
A profit forecast estimates a business`s future profitability, predicting upcoming income, expenses, and net profits.
What does the income forecast estimate?
An income forecast estimates future revenue, expenses, and net profits for a business.
How do you forecast profit and revenue?
Forecast profit and revenue by analyzing past performance, market trends, and future business plans.