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How to Create Financial Forecasts That Work for Your Business

Forecasting your business’s financial future is critical in today’s unpredictable economy. In this episode of the $4M Strategies™ podcast, Carl J. Cox, CEO of 40 Strategy & 40 Accounting, talks to Bill Conerly, PhD, an experienced economist, shares practical advice to help entrepreneurs, operators, and executives build effective financial forecasts. Read Bill’s book: The Flexible Stance: Thriving in a Boom/Bust Economy. 

Key Insights You’ll Learn:

1. Understanding Economic Cycles
   Many businesses are affected by economic cycles, whether they realize it or not. Bill explains how to analyze your industry’s historical data to identify patterns.
2. Recognizing Long-Term Trends
   Spotting growth opportunities often means looking beyond short-term results. Learn how to assess trends driven by factors like demographics and technology.
3. Preparing for Uncertainty
   A solid financial plan includes contingencies. Bill provides actionable tips for adapting to unforeseen changes and thriving even in downturns.

Why It Matters:

With better financial planning, you’ll reduce risk, seize opportunities, and position your business for long-term success.

Let 40 Accounting help! 

Podcast Sponsor: Oswego Private Wealth Management

 

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