Doing Financial Projections Right (A Five Step Process)
Growthink Blog
JANUARY 20, 2015
A great way to think about the process and purpose of financial projections is via what I call the “ HMCBW ” approach, i.e. examining the H istorical data, then the M arket conditions, then the C ompetition, then the “ B ottoms-Up” assumptions, and finally and most importantly what management W ants. What Does Management W ant?
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