Financial projection are the most intimidating part of starting a business. So much so, that many people want to know how much it's going to take to start up. Many people just skip this step until they actually need it. In this webinar, you will learn:
- Determine the feasibility of your business idea
- Calculate the break-even sales volume
- Prepare financial projections often needed for an SBA loan
Download the Google sheet and follow along here.
You can view only. [ File > Download > Make a Copy ] so that you can create your own spreadsheet for you to keep and update.
Start Up
Financial projection can be use this to answer a lot of common startup questions like…Will my business idea work? Is my business feasible?
How much should I pay myself?
How much do I need to sell to be profitable?
How much do I need to start the business?
Existing Businesses
You can also use this with clients seeking a loan because even if you’ve been in business for a long time, taking on debt to expand the business requires a plan of action just like starting the business and lender want to know how much you need, how you plan to use it so they can see how they are going to get paid back.
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.
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