Learn How to Make More Money This Year
Tuesday, May 7, 2024 (3:00 PM - 5:00 PM) (EDT)
Description
Exclusively for Business Owners
Want to get a better handle on your Business? Confused about what is a financial projection for your business?
Financial projections are an important part of managing your business. Preparing financial projections may seem like a daunting task for small business owners, but if you can create financial statements, you can create financial projections. Similar to creating a budget, financial projections are a way to forecast future revenue and expenses for your business. It is using existing or estimated financial data to forecast your business's future income and expenses. This helps you see how changes to one aspect of your finances (such as higher sales or lower operating expenses) might affect your profitability. Financial projections are also used as a way to attract future investors and is an important component when preparing a business plan for a new business or creating a strategic plan for your current business.
This workshop designed for owners/managers who want to understand how to create financial projections for their business. The workshop will provide participants with the necessary skills and knowledge to use a simple excel spreadsheet to create a 3–5-year financial projection for their business.
Bring your laptop, estimates, and list of expenses. We will be coaching you while you fill out your numbers.
#businessgrowth #finances
Presented by: Richard Sellers from SCORE
5 Computer Drive South
Albany, NY 12205-1608 United States
BIPOC
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