Financial Projection
Financial Projection Tips For Your Startup Company
By Martin at July 16, 2013 | 10:28 am | 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...
How To Do Financial Projection For Your Startup Company?
By Martin at May 29, 2013 | 8:32 am | 0 Comment
Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. However, making no projections, or non-credible projections will get your startup marked as unfundable. I recommend a simple set of guidelines, which work for at least 80% of the business plans I more...