BUY WITH CONFIDENCE
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Creating Financial Projections
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Approx. 3.0 Hours
A comprehensive how-to look at creating projected income statements, cash flow statements, and balance sheets. An essential skill in securing outside financing and in managing a business.
Financial projections are a collection of statements that present a numerical model of your business.
Any good business plan must pass two separate tests: the story test and the number test.
What are financial projections?
The story test asks, ?Does the story make sense?? The number test asks, ?Does the story add up??
A well-prepared set of financial projections helps to address that indeed the story does add up, but it also does much more than that. The projections reveal the entrepreneur?s basic assumptions which are usually synthesized together in their mind only.
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Source: The Business Entrepreneur Seminars (Module 3 of 16) PDF (PDF) Document, esuarez
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The Business Entrepreneur Seminars (16 Modules)
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