2 responses to “Financial Projections & Other Business Planning Fantasies”

  1. Your post really scratched an itch for me. I’ve been involved in probably 25 business planning processes. The financial projections were always a frustrating “funny money” exercise for me, where the clients got so dreamy I had to keep pulling them back to Earth again. Next time, I’ll refer them to your post. Thank you!

  2. I have supported lot of business plan undertakings too. In most cases, a huge free cash pile is projected starting from year 3+. My suggestion is always to go out with most pessimistic scenario and be happy if it’s not happening..

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