How To Prepare A Financial Forecast如何编制财务预测.pdfVIP

How To Prepare A Financial Forecast Introduction For first-time and experienced entrepreneurs, this guide walks you through the process of creating a financial forecast by using examples, offering insight, and providing links to helpful third party resources. Please consider that throughout this document a financial forecast will also be referred to as “Financial Projections”, “Financial Model” and “Pro Forma Financials”. Below is a list of reasons of why it is important for you to have financial projections for your business. In the example below, we will ask you to imagine that you plan to open a cupcake business. In the example scenario in which you open a cupcake shop, please assume the following: 1) You will profit $5.00 on every cupcake that you sell. 2) Before your business opens its doors, you will need to buy an oven, some supplies and your initial ingredients. 3) You anticipate that for every existing customer you will gain 2 more new customers the next month. 4) Your goal is to hire your first employee by month 6. 5) Your goal is to rent a space for your shop for the first two years, but then you plan to be producing enough cupcakes that you will want to buy a facility for $500,000 in year 3. 1 A Financial Forecast Is Critical for an Early-Stage Company Because It: 1. Determines the feasibility of how your company plans to make money to grow. • How many cupcakes would you need to sell in order to pay your monthly rent, pay yourself, and have enough money left over to hire an employee by month 6? • Is that amount of cupcakes feasible considering the constraints of time, money, space, number of potential customers, etc.? 2. Forecasts the cash investment needs your business will require (initially and in the future). • How much money will you need to initially spen