1. Money
Amanda McCormick

Dollars and Sense in Your Financial Projections

By February 20, 2013

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I learned a ton about financial projections while participating in a business plan competition last summer through the Brooklyn Public Library.

Namely: They are the first place investors turn when they get your business plan.

They are dreaded by many a first-time entrepreneur, because...well, they make you question your assumptions more than any other section of the business plan. This is where the rubber meet the road. While your executive summary might be full of flowery language, the financial projections are all about the bottom line.

Further, the financial projections normally need to be delivered in spreadsheet form, making you Excel-phobics have to sit down and wrangle some cells and functions.

So if you are intimidated by this part of the business planning process, don't be. I've got a guide that's made just for you.

Read: Create a Strong Financial Projection for Your Business Plan

Comments
March 6, 2013 at 6:32 pm
(1) Katherina says:

Hi there! I’m about to begin my own website and was wondering if you know where the best place to purchase a website url is? I’m not even sure if that’s what its called? (I’m new to this) I’m referring to “http://entrepreneurs.about.com/b/2013/02/20/dollars-and-sense-in-your-financial-projections.htm”. Exactly how do I go about obtaining one of these for the website I’m making?
Thanks a lot

March 8, 2013 at 7:43 pm
(2) entrepreneurs says:

Hi Katherina,

Most times it’s most convenient to register a domain with the webhost you plan on using for your site — and there are tons of good ones, Bluehost, Hostgater, Dreamhost, GoDaddy, to name a few. Go ahead and Google for more ideas and recommendations.

Hope that’s helpful!

Amanda

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