Advice for developing financial projections

06/27/2013 | YoungEntrepreneur.com

Preparing financial projections provides entrepreneurs with an opportunity to show investors that they understand their businesses, writes Paul Lee, partner at Lightbank venture capital firm. Often, understanding the financial drivers is more important than the actual projections, he writes. Identify all of the assumptions you have made in preparing your projections, and use conversations with investors as an opportunity to gather feedback.

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