A clear view of your organization’s finances can give you peace of mind and help you grow. Forecasted financials, if done properly, provide your organization with data that can serve as a road map for the future. This information is also valuable when it’s time to acquire, maintain, and finance capital.
In this presentation, Clark Schaefer Hackett’s Jay Murnen and Huntington Bank’s Ron Cloyd cover:
- What’s involved in creating a financial forecast and why it’s important
- How a financial forecast should be done
- When a bank needs the results of your financial forecast, what items trigger a red flag, and details a bank looks for if you’re interested in acquiring or financing capital