HAROLD HOMES AND JOINERY uses forecasting to provide forward thinking advice and tools to navigate on the entrepreneurial road.
Why is forecasting important?
A financial forecast gives businesses access to cohesive reports, allowing finance departments to establish business goals that are both realistic and feasible. It also gives management valuable insights into the way the business performed in the past and the way it will compare in the future. Having a good forecast is always a useful thing and not just just for the weather. A detailed and analysed business forecast can help clear the path through both sun and storm.
We have extensive experience in the complex science of forecasting in manufacturing. This careful analysis and projections raised capital for the growth of Wilson’s Millworks, with full cost centre, product pricing, time and motion study and departmental analysis.
The company’s revenue increased from a start-up order valued $566 USD to $1M USD in the first four years. The systems we put into place including creating the company’s digital processes got Wilsons Millworks nominated for Ernst and Young’s Entrepreneur of the Year for it’s phenomenal business success.
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