Writing a business plan requires financial projections. In this advanced workshop, you will learn how to prepare detailed financial projections, including start up costs, and projected cash flow analysis.

Workshop Requirements:

• You have taken SCORE's Your Business--Your Money: Financial Literacy workshop or have equivalent knowledge of the key financial statements
• A laptop with Excel
• The Portland SCORE Financial Projections Template, which you can download here (this template fulfills requirements for commercial lenders)

As a result of this workshop, and its hands-on examples, participants will better understand:

• How to project cash flow
• How to complete your cash flow analysis
• How to create financial projections required for a business plan and by potential lenders

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, and financial plan is the road map for success or failure. 

Your Presenter

Whit Ford

Whit has offered software development, computer skills training, and math tutoring services to Maine clients for 25 years after gaining previous experience in corporate strategic planning, consulting, marketing and product development at an industrial bar code reader manufacturer. He also took on teaching and Board roles at various schools. Whit earned a B.Sc. from Harvard University, and an MBA from the University of Chicago. Whit became a SCORE Mentor in 2017. He resides in Yarmouth. 

Sponsored by: