You’re thinking about your company’s future. How much will sales grow next year? What will your revenue look like in five years? Or, if you’re just starting out, how long will it take for your ...

Planning and setting financial goals for the future is an annual exercise for most companies. Preparing meaningful and useful income statement projections can help companies allocate existing ...

A company's ability to produce accurate financial statements is essential to its survival. Many interested parties, not just company owners, rely on information about money coming in and going out of ...

Financial forecasting gives you critical insights into your business and helps you project future sales and expenses. Let’s look at how you can create your financial projections in Microsoft Excel and ...

For those of us without an inside source such as Clarence Beeks (bonus points for readers who immediately recognized the name as the fictional character in the movie Trading Places, who obtained the ...

The financial section of your business plan might be intimidating to tackle, especially if you are a new business owner with little to zero financial history recorded. But it is arguably the most ...

Forbes contributors publish independent expert analyses and insights. I am the Kester and Brynes Professor at Columbia Business School and a Chazen Senior Scholar at the Jerome A. Chazen Institute for ...

Securing a commercial loan is often a crucial first step in expanding operations, investing in new technology or increasing working capital.