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Forecasts will be prepared by a business for a variety of reasons.  Many companies require a forecast quarterly or half-yearly to determine how much a company might be over or under budget.
 
Forecasts will be prepared by a business for a variety of reasons.  Many companies require a forecast quarterly or half-yearly to determine how much a company might be over or under budget.
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A forecast maybe required if there is a major change within a business.  This could include introduction of a new product, or a finding that an existing product is hazardous.  Or, a forecast might be prepared if a new competitor emerged, or disappeared.  Major events completely unrelated to the business, such as the 9/11 terror attacks, may result in a forecast being prepared.  
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A forecast maybe required if there is a major change within a business.  This could include introduction of a new [[product]], or a finding that an existing product is hazardous.  Or, a forecast might be prepared if a new [[Competition|competitor]] emerged, or disappeared.  Major events completely unrelated to the business, such as the [[9/11 terror attacks]], may result in a forecast being prepared.  
    
[[Category:Business]]
 
[[Category:Business]]
 
[[Category:Finance]]
 
[[Category:Finance]]
 
[[Category:Accounting]]
 
[[Category:Accounting]]
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