051: Baby Steps to Financial Projections for Your Online Business
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When you're in the season of your business where you’re ready to scale, whether you're one person or a company of 10 or 100, you've got to start thinking about doing financial projections.
However, a financial projection is not just about cash flow forecasting. There’s actually more to it than that.
In this episode, we dish out the five baby steps to doing financial projections for your online business.
Every business has its own ebb and flow. That’s why it’s important to have this as part of your regular process so you’re able to predict and realize your future.
In this episode, you will hear:
- When to start doing financial projections
- The 5 baby steps to financial projections
- What to predict in doing financial projections
- The time frames of financial projections
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If you really enjoyed this episode, we’ve created a PDF that has all of the key information for you from the episode. Just go to the episode page at www.profithero365.com/payplayprofit to download it.
Supporting Resources:
The IRS Is NOT Your Boss, So Stop Acting Like It!
Book: Profit First by Mike Michalowicz
Episode Credits
If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment.
He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world.
Find out more at https://emeraldcitypro.com
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