Imagine if you could predict business trends, interest rates, market changes . . .What would you do next year?
Goals
- Expand your business gradually?
- Grow explosively so you can sell it?
- Be the hands-on decision maker?
- Hand your company to a management team?
Your Financial Forecast answers
3 questions:
1. What financial position will the business be in at
the
end of the year?
2. What resources will you need to get there?
3. What financial commitment will
you need to make
along the way?
What are your personal and business goals?
At
the end of this year, where do you want to be in terms of finances? Operations? Sales? People?
What do you
know about trends in your industry?
(See the Marketing series for more details)