Financial Projections and Analysis Considerations

Financial Projections and Analysis Considerations

An important part of the business planning process is the preparation of financial statements to predict the outcome of an organization’s results in future periods.

Financial projections are based on compiling the internal and external accounting data you already use in the day-to-day management of your business. By projecting your revenue and expenses, you can get a more accurate view for how successful your business can be. Creating financial projections is not an easy task but is a very important part of developing a sound strategy. The financials tell you what goals to keep and what to cut.
Projections can also be a guide to help your business grow without running out of cash. To generate and support additional revenues, additional cash is always required. Financial projections help you assess what additional assets are needed to support increased revenue and the potential impact on your balance sheet. The projected financial plan indicates how much additional debt or equity you need to remain solvent and healthy.

If your business has been in operation for more than a year, creditors will not only request data on your past performances, referred to as historical data, they will also ask for financial projections. Creditors typically want these types of information for the past and future three to five years. Depending on how long you’ve been in business, it could be more… or less.

Financial projections should include a forecasting of the income statement, the balance sheet, and the cash flow statement. Projections are made by the month for the first year and then by the year for the next two years. 

Developing financial projections for your expanding business can be complicated. To make it less overwhelming, our expert finance team can provide the information on required financial statements every business plan should have.

Financial Projections Accounting Services

All businesses, whether startup or growing, will be required to supply prospective financial data for creditors or investors. Nugent & Associates develops financial projections, determines effective resource allocations and sets clear objectives. Here is a list of important financial statements we include with financial projections:

Historical Financial Data

For Established Business

If you own an established business, we help you to meet creditor requests for historical data related to your company's performance for the last three to five years, depending on the length of time you have been in business.

Typically, the historical financial data to include are your company's income statements, balance sheets, and cash flow statements for each year you have been in business (usually for up to three to five years). 

For Startup Business

Many entrepreneurs complain that building accurate revenue and expenses forecasts requires too much time that would be better spent selling rather than planning. Unfortunately, few investors will make a financial commitment if forecasts are unavailable.
We can help you determine your financial requirements for your startup and develop a more efficient planning and cash flow forecasting for budgeting, including operational and staffing plans.

Future Projections

Creditors and investors will also want to see the prospective financial data that reflects expectations of revenue and profit. 

What our financial experts can do for you:

  • Forecast income statements, balance sheets, cash flow statements and capital expenditure budgets for each year you’ve been in business.
  • For the first year of business, we include monthly or quarterly financial projections. After the first year is recorded, quarterly or yearly projections will suffice for the next four years.
  • We ensure your projections match funding requests  so there are no inconsistencies. We can help to explain any assumptions  that accompany your projections.
  • We will write an analysis of your financial information. This analysis can include ratio and trend analysis along with charts and graphs for a visual overview.

Nugent & Associates is-qualified to assist you with your financial plans. The financial forecasting and projecting process begins with  our focus on understanding your specific long and short-term needs, and goals. We can then perform a thorough analysis of your financial situation and provide recommendations and projections.

At Nugent & Associates, we're not just number crunchers. We bring over 3 decades of invaluable certified public accounting and tax expertise to your company – serving as business and financial strategists who can offer such services as tax and financial planning, investment advice, diligent financial records, and help with estate planning.

Even better, we will give you time to focus on what you do best: running the day-to-day operations that drive your business toward success.

Take advantage of our FREE and no obligation business checkup.

We will visit you at your business at a time and day convenient for you, analyze your numbers, discuss your goals and concerns and report back with a complimentary detailed written analysis to help your business succeed!

At Nugent & Associates, we're not just number crunchers. Our people bring decades of invaluable certified public accounting and financial and tax expertise to you – offering tax and financial strategies to individuals such as yourself. If you have any questions or concerns about your own tax, financial or investment matters, please do not hesitate to contact us.

Experienced tax and financial experts are not just for the super rich. At a reasonable fee you too can maximize your wealth and receive professional guidance for retirement, and/or any tax issues you may be facing, no matter your situation, with a tax and financial expert as your consultant.

Contact Nugent & Associates today. We don't charge for phone calls. You may just find you found an ally in your quest to have a great financial future.

After all, at Nugent & Associates, we succeed when you succeed!



This page is intended to be informational. This website, nor any of the information contained on this site constitutes professional, business, tax or legal advice and is not a substitute for such advice nor does it create a professional-client relationship between you and Nugent & Associates.

State and federal laws change frequently, and the information in this page may not reflect your own state’s laws or the most recent changes to the law.

The information contained within this website should not be considered as a solicitation or an offer for a professional-client relationship. Materials contained in this website are of a general nature and should not be substituted for professional advice. Nugent & Associates is providing this website and the information contained herein only as a convenience to you. Nugent & Associates assumes no liability or responsibility for any errors or omissions contained within this website. There is no guarantee that the information included on this site is current, accurate, complete, useful, or reliable.

Tax Planning & Preparation

We assist our clients in individual and business tax planning throughout the year.

Nugent & Associates provides:
  • Year-Round analysis to ensure a smooth and predictable year-end close.
  • Assist in establishing retirement planning.
  • Performs in-depth review of all deductions available.

Financial Statements

Nugent & Associates offers outstanding accounting services and acts as a quasi-controller for companies who do not employ their own full-time accountants.

This allows our clients with more time to focus on new services, new customers and other core business issues.

Business Planning, Budgeting
& Growth Strategies

Nugent & Associates assists it clients with:
  • Starting a new venture, product or service
  • Expanding a current organization, product or service
  • Buying a new business, product or service
  • Turning around a declining business

QuickBooks Training
& Support Services

As Certified QuickBooks Professional Advisors, we can be of assistance with QuickBooks accounting or payroll and help increase your productivity and efficiency.