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Improve your forecasting skills with one simple tactic.
Let's practice balance sheet (BS) forecasting.
If we do't have this skill we are not able to:
• estimate company future financial position
• prepare company budget
• make strategic decisions based on different scenario
• make cash flow projections
• manage potential liquidity problems
• manage excessive debt levels, or other financial challenges in the future
𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝘀𝗵𝗲𝗲𝘁 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗶𝗼𝗻𝘀 𝗶𝘀 𝗺𝗮𝗶𝗻 𝗽𝗮𝗿𝘁 𝗼𝗳 𝗺𝘆 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗠𝗼𝗱𝗲𝗹𝗶𝗻𝗴 𝗽𝗮𝗰𝗸𝗮𝗴𝗲, 𝘁𝗵𝗮𝘁 𝗰𝗼𝗺𝗲𝘀 𝘄𝗶𝘁𝗵 𝟱𝟬+𝗺𝗼𝗱𝗲𝗹𝗶𝗻𝗴 𝘀𝗵𝗲𝗲𝘁𝘀 𝗮𝗻𝗱 𝟲𝗵 𝗼𝗳 𝘃𝗶𝗱𝗲𝗼 𝗹𝗲𝘀𝘀𝗼𝗻𝘀.
Check the others.
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Негізгі бет How to Build a Balance Sheet Forecast in Excel
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