We’re fluent in startup finance. Now you can be too.

Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.

Oops! Something went wrong while submitting the form.
Budget forecasting

What is budget forecasting?

Budget forecasting is the process of making projections about revenues and expenditures for a future period based on historical data, market research, and other relevant information. These forecasts form the basis for a company's budget.

The purpose of budget forecasting is to provide an estimate of the revenues and expenses that will occur in the future. This process is vital for budget planning as it helps to allocate resources effectively. It can also guide strategic planning and decision-making. While budget forecasts are inherently uncertain, regular review and adjustment can help maintain accuracy.

Need help with other finance or startup questions?

Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.

We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at info@pilot.com.

See what Pilot can do for you

Get the peace of mind that comes from partnering with our experienced finance team.

Oops! Something went wrong while submitting the form.