5 Tips For Making Sound Financial Projections

5 Tips For Making Sound Financial Projections.

Optimism is a healthy trait for entrepreneurs, who often need to stick it out through lean times before they build a successful business. When it comes to making financial projections, however, a healthy dose of pessimism comes in handy. Overly rosy income predictions could lead you to make decisions that jeopardize your business.

Whether you’re projecting the year to come or looking several years down the road, solid, reality-based financial projections provide a crucial road map for small business growth. Here are some tips to help you assess your success and make smart business decisions.

by Laura McCamy on February 6, 2015

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