Many of us have prepared or reviewed financial projections. Most projections are usually based on a per-unit sales estimate, long-term contract analysis or some sort of extrapolation of historical growth trends. Some projections are spot on every year, but other projections are littered with illogical conclusions and calculation errors.
While any set of financial projections is dependent upon numerous assumptions, there are a few critical areas that are more prone to errors than others.
The...Read More »