Over the past few years more businesses have been focusing on financial projections as a way to manage costs. Gone are the days when a company could freely throw money around and not worry about the consequences. These days, companies want to maintain a five-year financial projection model.
Using a Financial Projection Model
One of the ways a small business can achieve this is using a free financial projection model Excel template. The information from this model is important to the overall business in many ways. This information can help a small business strategize for the future in terms of expansion, hiring of new employees, etc.