From the business point of view, the definition for forecasting is “The process of analyzing current and historical data to determine future trends.”

We found out that many small business owners think forecasting is mainly for big organizations or businesses; the truth is quite different; for a small business with modest capital resources, planning for the future is particularly important. Relying on a variety of data sources and forecasting methods, CWA can help you “foresee” the future and develop appropriate strategies to deal with likely future scenarios and make the best decision for the future of your business.