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DTSTART;TZID=America/Chicago:20260617T194500
DTEND;TZID=America/Chicago:20260617T210000
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SUMMARY:Creating Realistic Financial Projections for Your Small Business
DESCRIPTION:https://www.score.org/mo/kansas-city/business-education/20260617-creating-realistic-financial-projections-your-small-business/\n\n\n**FREE Webinar** Where do your financial projections come from? Your knowledge of your business and industry\, and your best estimates of what might happen.\n\nPurpose of Financial Projections:\nUse to plan\, set realistic goals\, and secure funding.\nUse as a roadmap to assessing the feasibility of your plan.\nImportance in developing investor confidence & improving internal decision-making.\nComponents of Financial Projections:\nSales Forecast: predicting future sales based on market research & historical data.\nExpense Forecast: estimating fixed & variable costs over time.\nCash Flow Projection: projecting inflows and outflows to ensure liquidity.\nCreating the Projections:\nSteps: gathering data\, making assumptions\, & applying forecasting methods.\nTools and software: use of a SCORE provided Excel spreadsheet model to generate a projection.\nImportance of recording assumptions & revisiting and adjusting projections regularly.\nUsing Projections to Monitor Performance:\nComparing actual results against projections to measure performance.\nIdentifying variances & reasons behind them.\nMaking informed adjustments to strategies based on analysis.\nThis is the third in a series of 3 consecutive finance webinars. Please register for each class you plan to attend.
X-ALT-DESC;FMTTYPE=text/html:https://www.score.org/mo/kansas-city/business-education/20260617-creating-realistic-financial-projections-your-small-business/\n\n\n**FREE Webinar** Where do your financial projections come from? Your knowledge of your business and industry\, and your best estimates of what might happen.\n\nPurpose of Financial Projections:\nUse to plan\, set realistic goals\, and secure funding.\nUse as a roadmap to assessing the feasibility of your plan.\nImportance in developing investor confidence & improving internal decision-making.\nComponents of Financial Projections:\nSales Forecast: predicting future sales based on market research & historical data.\nExpense Forecast: estimating fixed & variable costs over time.\nCash Flow Projection: projecting inflows and outflows to ensure liquidity.\nCreating the Projections:\nSteps: gathering data\, making assumptions\, & applying forecasting methods.\nTools and software: use of a SCORE provided Excel spreadsheet model to generate a projection.\nImportance of recording assumptions & revisiting and adjusting projections regularly.\nUsing Projections to Monitor Performance:\nComparing actual results against projections to measure performance.\nIdentifying variances & reasons behind them.\nMaking informed adjustments to strategies based on analysis.\nThis is the third in a series of 3 consecutive finance webinars. Please register for each class you plan to attend.
LOCATION:
UID:e.3246.1478375
SEQUENCE:3
DTSTAMP:20260602T215135Z
URL:https://members.wiba.org/9andwine/Details/creating-realistic-financial-projections-for-your-small-business-1752075?sourceTypeId=Hub
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