Part 1 – getting familiar with the Forecast Tool
The Forecast Tool is designed to help you verbalize your assumptions about a projected line item, and convert the assumptions to hard numbers.
One of the nifty things about doing projections in SurvivalWare is that you can do monthly projections in the short term, and annual projections for after that to create a full 3-year or 5-year projection. Banks love to see multi-year projections when you are asking them to lend you money. Depending on how far along you are in the current year, you might want to break out the following calendar year by months, or instead consider longer term trends and go with years.
Individual line items