Financial forecasting allows you to measure the progress of your new business by benchmarking performance against anticipated ...

A financial plan is a road-map drafted now that can be followed over time. ... The new data enables an individual or business to make more accurate financial projections.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor ...

Financial data is always at the back of the business plan, but that doesn't mean it's any less important than up-front material such as the description of the business concept and the management team.

Those savings likely won’t sustain the business for long, though, with 61% of local SBOs stating that just two quarters of revenue shortfall would make them question their financial future.