Financial Projections & Budgeting |Forecasting for growth

All Startup founders and business owners, executives must get a basic understanding of finance and accounting to enable themselves to be able to read financial statements, analyze results and the impact of their business decisions.

This course was recorded during a live class with startup founders who do not have any formal background in accounting and finance. Course contents, speed, and explanations are designed keeping in mind those users, hence other users may find it slow and sometimes repetitive. I repeated few things just to make my audience understand and absorb concepts.

This Class is the Third day of five-day series topics discussion in the course includes

Budgeting and forecasting and financial plan include.

A. Why Budgeting / Forecasting / Planning is needed for business

B. Is it just a paper exercise?

C. How to make use of budgeting & forecasting.

D. Components of Budgets.

E. How to forecast and defend the unforeseen future and able to defend it