Creating Realistic Financial Projections for Your Small Business

**FREE Webinar** Where do your financial projections come from? Your knowledge of your business and industry, and your best estimates of what might happen. Purpose of Financial Projections:

• Use to plan, set realistic goals, and secure funding.
• Use as a roadmap to be assessing the feasibility of your plan.
• Importance in developing investor confidence & improving internal decision-making.
• Components of Financial Projections:
• Sales Forecast: predicting future sales based on market research & historical data.
• Expense Forecast: estimating fixed & variable costs over time.
• Cash Flow Projection: projecting inflows and outflows to ensure liquidity.
• Creating the Projections:
• Steps: gathering data, making assumptions, & applying forecasting methods.
• Tools and software: use of a SCORE provided Excel spreadsheet model to generate a projection.
• Importance of recording assumptions & revisiting and adjusting projections regularly.
• Using Projections to Monitor Performance:
• Comparing actual results against projections to measure performance.
• Identifying variances & reasons behind them.

Making informed adjustments to strategies based on analysis.
This is the third in a series of 3 consecutive finance webinars. Please register for each class you plan to attend.

REGISTER NOW

Faculty: A team of SCORE and community volunteers with wide ranging business and financial experience.

This event listing is brought to you by Veteran Owned Business (VOB) — America's leading online network, home of the Veteran Owned Business Marketplace, supporting verified veteran owned businesses, nonprofit organizations, active duty military, reservists, National Guard members, military spouses, Service-Disabled Veteran-Owned Small Businesses (SDVOSBs), and the broader military community.

Founded on Veterans Day, November 11, 2008, the Veteran Owned Business Network now includes more than 40,000 verified veteran owned business members, over 500,000 supporters, and more than 1,000 nonprofit organizations. Every business member profile has been verified, helping maintain the integrity and credibility of the Veteran Owned Business Marketplace.

Explore detailed business profiles, veteran news, patriotic and business events, educational resources, military benefits, our nationwide SDVOSB Search Engine, and the inspiring stories featured on FamousVeterans.com.

If your business or nonprofit organization is owned or led by a veteran, active duty military member, reservist, National Guard member, military spouse, or SDVOSB, we invite you to join the Veteran Owned Business Network and become part of America's fastest-growing military business community.

We'd also appreciate it if you would subscribe to the Veteran Owned Business YouTube Channel, where you'll find videos covering veteran benefits, entrepreneurship, patriotic events, business networking, military history, Famous Veterans, and much more.