Blog
Tag: Financial Projections
Understanding the Importance of Financial Modeling: Should You Build a 3-Year Model?
“How do you build a three-year financial model?” It’s a question we get (and answer) a lot. A financial model is a type of financial…
How to Create a Financial Business Plan for a New Venture
Every year, millions of people have a great idea for a product or service. It might be either the formation of a new business or…
What is The Difference Between COGS and SG&A?
As fractional CFOs (Chief Financial Officers) we get a lot of questions about COGS (Cost of Goods Sold) and SG&A expenses from our clients. They…
Your Budget is Wrong… and That’s Okay!
The first thing you need to know when creating a budget is that it is wrong from the start. In the world of accounting and…
Financial Projections and Analysis: Considerations for Businesses
Originally published: 3/23/2020Updated: 1/8/2024 Why are financial projections important and how can they inform a company’s financial analysis to increase confidence in the numbers? To…
Mastering the Budget Reforecasting Process
Budgeting and strategic forecasting creates a business roadmap to maintain stability and achieve growth. However, for forecasting to be accurate it needs to be modified…
Financial Projections for Startups: A How-To Guide
Financial projections are a critical component of a sound business plan. These projections (or “financial forecasts”) are used externally to obtain funding as well as…
How a CFO Will Prepare Your Business for Unexpected Events
When business disruptions occur, it can be expensive. Most business owners and CEOs have a model for success in mind, but what about the other…
Business Drivers: Monitor, Measure & Leverage for Future Performance
What senior manager hasn’t looked into the future to plan the growth of their business? The forces that drive the market acceptance and commercial success…