Financially Simple

In episode 126 of Financially Simple, Justin looks at creating a Pro Forma for your Business. A Pro Forma is a living document that will act as a record of a business, and will also allow you to make certain predictions of where a business is headed. Justin goes over the fundamentals of making a Pro Forma for your business, and explains why having one is of great benefit. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TIME INDEX: 00:26 - How to Build a Custom Pro Forma 01:19 - What is a Pro Forma? 03:36 - How a Pro Forma works 06:02 - Income 08:32 - Expenses 13:58 - Projecting Risks 14:40 - The Benefits of Categorisation 18:49 - Net Income 20:25 - Tracking the Growth and Value of a Business 21:57 - Summary   USEFUL LINKS: Financially Simple Financially Simple on YouTube Financially Simple on Facebook Financially Simple on Twitter ________ BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth m