A financial plan is a forecast of future performance for a business, usually prepared using spreadsheet software. Small businesses can benefit greatly from taking the time to do a financial plan ...

It's tempting for business owners to be overly optimistic when they look to the future of their companies. Business planners should be as realistic as possible with financial projections.

Why You Need Tangible Goals. Setting your business goals gives you the foundation to build projections, direction, purpose and core metrics to measure your honest success and failure.

While Q4 is an opportunity to finish strong and reach your financial goals for the year, it’s also the time when I like to have clients begin working on next year’s financial projections.

Financial advisors can help small businesses during the startup, growth, and wind-down stages of the company. ... Forecast cash flow to anticipate shortfalls and surpluses. ...

A business financial advisor is a hired professional who specializes in matters such as retirement planning for the self-employed, small business taxes and identifying cash flow issues.

Writing a Business Plan mentor Rhonda Abrams responds:Let's face it, for a new business, financial projections are a lot like astrology -- they use a few. Newsletters SUBSCRIBE.

Scaling a small business is essential for success, and requires careful planning and execution. One of the most critical yet often overlooked components of scaling is accurate financial reporting. By ...

Investors can't really evaluate any new business, but they can assess the logic behind your numbers, and compare that logic to their experience and rational business norms.