An article we liked from Thought Leader Michael Hill:
How to Build a 3 Year Financial Forecast in 8 Minutes (VIDEO)
It is very tempting to spend days...even weeks, trying to perfect your business model on paper.
Once you actually execute strategy however, the story is very likely to unfold a different way.
Of course you need to predict business performance and you must justify the prediction with sound assumptions but manage your time.
Here I demonstrate how to build a three year financial forecast in 8 minutes.
It is not perfect but it is a great tool for quickly viewing how day-to-day decisions in your business might impact your bottom line.
Let me know what you think.
Watch the video here.
Thanks for this article and its graphics to Michael Hill.
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