ask for projections
“Financial projections” tips for startups
By Martin at March 24, 2011 | 2:18 pm | 0 Comment
Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. They need to realize that investors ask for projections, not merely as predictions, but more as commitments from the founder and his team. If you are not willing to commit, don’t expect anyone to back you. In reality, you need to set more...
