Building Pro Formas like a Pro
  • Building Pro Formas like a Pro
  • Building Pro Formas like a Pro
  • Building Pro Formas like a Pro
  • Building Pro Formas like a Pro
  • Building Pro Formas like a Pro
Originally published: 03/11/2017 17:19
Last version published: 02/02/2018 15:36
Publication number: ELQ-59404-2
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Building Pro Formas like a Pro

Article discussing the main areas of a forecast, where some go wrong, and some general advice on building pro formas.

do's and don't'sfinancefinancial forecastingoperationspro formasuseful advice

Description
Financial forecasting is essential, and makes up a really important part of the general planning process. The least meaningful part is probably the actual numbers. The part that means the most is probably more the thinking process that goes behind the numbers; the part in which you identify the key assumptions. Despite huge amounts of operating success, it's rare that you will actually end up 'on budget.' This article talks about the principal areas of a forecast and what parts can mess up. It also includes some hints on how you can produce useful and well-done pro formas.

*Originally posted on StartUpCFO.ca.*

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