SCORE Seacoast Workshop: Preparing Financial Projections
Date and time
-
Location
Online
Organizer
Seacoast SCORE
ch.admin0185@scorevolunteer.org
603-433-0575
Host organization
SCORE Seacoast
Type of event
Resource Partner event
Event 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: (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!
Suggested pre-requisites: (1) Working knowledge of MS Excel and (2) SCORE Seacoast Finance 2 Workshop.