Several startup founders discuss the importance of financial forecasting, share some lessons and offer valuable advice.
This nugget was created by Ben Graziano.
Startup founders from a range of industries share their views on financial forecasting. It’s obviously a key factor as you can’t build a business without sufficient financial means. Designing financial forecasts based on previous growth rates can be a good strategy. So is comparing best and worst case scenarios or getting advice from other, more experienced startups.