A graduate of the Bryant & Stratton College, William Deyesso is a successful business executive who served for many years as an executive in the real estate industry. Throughout his career, William Deyesso handled a range of financial planning responsibilities, including budget projections and estimates.
One critical component of a budget projection process is the financial forecast. A forecast identifies future financial estimates, such as revenues and expenditures, in order to guide operational decision making and inform policy. Past and future trends are taken into account during the financial forecast process, which generally projects at least several years into the future.
The process of developing a financial forecast includes multiple stages, beginning with defining assumptions, and followed by gathering information, making analyses, and selecting a methodology. Various methodologies for financial forecasting include extrapolation, regression analysis, and hybrid approaches. Once a methodology is selected, implementation occurs. These stages culminate with a financial presentation or reports, so that the forecast is useful to decision makers.
William Deyesso - Successful Boston Real Estate Developer and Insurance Executive