SCORE Seacoast Workshop: Preparing Financial Projections

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:  (1)  Profit & Loss, (2)  Balance Sheet, and (3) Cash Flow.  Join us for this overview and see how SCORE mentors can help you with developing your own projections!