If you don’t feel confident forecasting your business’ finances, regardless of how long you’ve run your company, this workshop is the answer. It is especially useful for start-ups, which don’t have a financial history.
Financial Projections Made Easy explains the specific steps to complete the entire forecasting process, focusing on the user-friendly template created by SCORE LA to help determine the financial viability of your business.
This workshop shows how to determine and manage the month-by-month cash flow and provides attendees examples of financial projections tailored to their own companies. Attendees are shown how to calculate the amount of cash they need to run their companies.
What You Will Learn
• How to forecast with or without historical data
• What you can do inside your company to better manage cash flow
• How to operate with suppliers, lenders and customers to improve cash flow
• A painless process for creating financial projections, a must for any business plan