Description

Using spreadsheet examples, we will create monthly profit & loss projections for Year 1 based on estimates for sales activity, variable cost of sales, and monthly operating expenses. We will expand on this to include funding requirements and cash flow for Year 1 and extend it all annually for Years 2 & 3. We will then address the financial projections statements typically required by banks and outside lenders: Profit & Loss Balance Sheet & Cash Flow. Join us for this overview and see how SCORE mentors can help you with developing your own projections! Suggested pre-requisites: Working knowledge of MS Excel SCORE Seacoast Finance 2 Workshop