Skip main navigation

The purpose and function of a forecast and types of forecasts

The purpose and function of a budget and types of budgets

This video will introduce you to types of forecasting in particular sales forecasting for an organisation. A sales forecast will display how much of sales an organisation expects to generate over the upcoming months.

After watching the video, share your thoughts in the comments on the key themes and questions that were raised.

This article is from the free online

Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting

Created by
FutureLearn - Learning For Life

Our purpose is to transform access to education.

We offer a diverse selection of courses from leading universities and cultural institutions from around the world. These are delivered one step at a time, and are accessible on mobile, tablet and desktop, so you can fit learning around your life.

We believe learning should be an enjoyable, social experience, so our courses offer the opportunity to discuss what you’re learning with others as you go, helping you make fresh discoveries and form new ideas.
You can unlock new opportunities with unlimited access to hundreds of online short courses for a year by subscribing to our Unlimited package. Build your knowledge with top universities and organisations.

Learn more about how FutureLearn is transforming access to education