Financial Projections For Business
A financial projection is, as the name states, a projection about the financial state of a company or organization. It is an educated estimate of all the revenue-related details of a business at a specific range of time, whether long or short. Business plan financial projections are made with the use of various financial statements, such as balance sheets, income statements and more, that provide the information to create the projection, which is highly useful for various reasons, such as growth or gaining financial knowledge.
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