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BUSINESS TIPS

Financial Projections

The aim of a business plan is to persuade the intended audience that a business venture will be viable and successful. There is a temptation to produce a plan that is overly optimistic and exaggerated in the assumptions it makes as to how much potential there is for the new company. Rather than being impressive this can actually achieve the opposite effect and make the people running the business seem less credible if the projections are deemed to be unrealistic. Any assumptions made will need to be backed up with evidence for the rationale behind them so that the reader can see the thought process involved.

To speak to a consultant about the financial business plans offered by Wisteria please contact one of our consultants on 020 8429 9245 or send an e-mail to businessplans@wisteria.co.uk.