How to Forecast Revenue & Growth for Your Business

This is a FREE Workshop sponsored by Bath Savings Institutiom- Pre-registration is required - Space is limited

Prerequisite: Your Business--Your Money workshop or equivalent knowledge.

Writing a business plan requires financial projections. Learn how to prepare detailed financial projections, including start up costs, and projected cash flow analysis. The Portland SCORE Financial Projection Template will fulfill the requirements for commercial lenders and potential investors and will be provided.

You will be asked to download the Template and bring your laptop with you so you can begin work on your own financial projections during the workshop.

There is a critical difference between businesses that succeed and those that fail. And it's not a matter of luck. Planning and careful financial analysis are the keys to success. The financial plan is the road map for success or failure. It helps you make those critical business decisions that can lead to success and profits. The Cash Flow Projection included in the Template, kept current for changing business conditions, tells you when your business will become profitable and helps you get there.

This workshop includes hands-on practical examples using a computer projection model developed by the Chapter. As a result of this workshop, you will better understand the need for a plan, how to project cash flow and how to complete your cash flow analysis. Material covered in this workshop pertains to start up companies or business expansion. Bring your laptop.

Your Presenter

Ann Marie Swenson is Regional Manager Business Banking for the State of Maine at People’s United Bank. Her team works with commercial clients with borrowing needs up to $2MM. She has been with the Bank since 2002 and past positions include Business Banking Team Leader, Windham Market Manager and Sr. Credit Analyst.

After graduating from college with a degree in Finance, she spent 9 years as a financial analyst at GE, Budget Rent A Car and Genzyme, a biotech company in Boston.

In 1995 she moved to Maine to pursue a life time goal of owning her own homemade super premium ice cream shop. In 1996, Ann Marie opened Q’s Ice Cream in Portland and operated the business until 2001. The company was voted Portland’s best ice cream, was featured on an episode of the PBS's Made In Maine and even appeared in Bon Appetit magazine.

In 2001, she exited the business and began working with others to help them open and grow successful businesses. She worked for the Maine Department of Economic and Community Development for 1 � years and ultimately landed at Maine Bank & Trust, now People’s United Bank.

Ann Marie is very active in the community and is a strong proponent of economic development in the region. She serves on a number of volunteer boards and organizations.