Creating Cash Flow Projections for Beginners

Being asked the question, "How much do you think you will earn in the first 12 months of business?" can be exciting, terrifying, and confusing. How do you answer with figures that are both optimistic and realistic? Sales forecasting is a skill that all successful business owners practice to master! Students learn how to identify revenue streams, how to make sales forecasts as realistic as possible for lenders, how to complete the cash flow sheet using data, and how to estimate funding needs based on sales projections. Participants will need a calculator and will benefit most if they engage. Students will be provided with a Microsoft Excel worksheet and the tools to set up sales projections for their own business upon completion.