Where
Jacksonville Public Library - Beaches Branch600 3rd Street
Neptune Beach, FL 32266
Driving Directions
How Do I Develop a Financial Forecast?
Summary/ What You Will Learn:
Developing a month-by-month financial forecast can be the most difficult part of a business plan. However, it can also be the most critical part of your plan. Without it, you can't know if your plan makes financial sense or how long it will be before you reach breakeven. If you want to borrow money, lenders will demand it. This workshop will show you how to estimate monthly sales and what expenses you need to include in your forecast, using a free SCORE forecasting spreadsheet to automate the process.
This workshop will cover the following topics:
- How to estimate monthly sales
- What expense categories need to be in your forecast
- Using an Excel spreadsheet to calculate estimated cash flows
- The key metrics to look for in your forecast
- How to use your forecast after you open your business
Presenter: Dan Rogerson
Dan Rogerson is a finance professional with over 32 years of experience working for leading companies in the transportation industry. His experience includes creating operating budgets, valuing business segments for sale and acquisition, modeling corporate financial performance, and analyzing product/service profitability. He has been a volunteer with SCORE for three years.