SCORE Seacoast Workshop: Preparing Financial Projections
Date and Time
Wednesday Sep 25, 2024
6:00 PM - 7:00 PM EDT
Location
This is a live online workshop presented by Seacoast SCORE volunteers
Fees/Admission
This FREE workshop is presented by SCORE Seacoast volunteers in partnership with our sponsor, M&T Bank. Advance registration is required. Register today to reserve your seat!
Contact Information
SCORE Seacoast
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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.
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