The design of your project has enabled you to evaluate what you can sell and all the resources you require to start a new business. Translate all these components into figures and gauge a number of points that will confirm the viability and profitability of your project. This step will give you (or not) the “go”!
I. Why make financial forecasts?
- Analyse the feasibility and viability of your business project
- To convince your financial partners and bankers