Business Projections: Crystal Ball or Method to the Madness?

Event description

Stop guessing and start growing. For many business owners, financial forecasting feels like trying to read tea leaves: mysterious, intimidating, and often "wrong." But projections aren't about being a psychic; they’re about building a roadmap so you can make confident decisions before the check is written.

Join Maine SBDC and Peter Harriman for a practical, no-nonsense session where we demystify the numbers. We’ll show you how to turn your "madness" into a manageable method that helps you see around corners and prepare for what’s next. In this webinar, you will learn:

• The "Why" Behind the Numbers: How projections act as an early warning system for your cash flow.
• Building Your Assumptions: Why a "best guess" based on data is better than no guess at all.
• Seasonality & The Maine Factor: Adjusting your forecast for our unique local economy and tourist cycles.
• The "What-If" Game: How to use your projections to test new ideas before you invest.

The Maine SBDC is funded by $1,050,471 in federal funds (43%), which is matched by $1,393,068 in non-federal funds (57%). Funded in part through a Cooperative Agreement with the U.S. SBA. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact mainesbdc@maine.edu