Financial Projections for Startups
Financial projections for startups are critical tools that provide a glimpse into the potential financial performance of a new venture. These projections typically cover a period of three to five years and include forecasts for revenue, expenses, profits, and cash flow. By analyzing these projections, startup founders and investors can assess the feasibility of the business idea, identify potential risks, secure funding, and develop strategic plans to achieve sustainable growth and profitability in the competitive market landscape.
