Financial projections
How To Do Financial Projections For Your Startup
By Martin at August 18, 2014 | 10:44 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 domains I more...
Financial projections for your startup
By Martin at July 1, 2011 | 12:00 pm | 0 Comment
Most entrepreneurs tend to avoid this area of the business, and as a result are badly surprised by cost realities, and investor expectations. They seem to think that financial projections are simply invented numbers for investors, and not useful. In reality, it’s like jumping in your car for a long hard drive with no destination in mind. Chances are, you won’t enjoy more...
“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...
