How can you predict whether a business idea is going to turn out well or not? That’s right – you do a financial forecast. Financial forecasts use historical data and future estimates to predict likely financial outcomes for your projects. In this Bite-Sized Scenario Training you’ll develop an understanding of terms like NPV and IRR, and you’ll be able to use cash flow forecasts and perform the calculations yourself. You’ll also feel more equipped to decide whether to pursue your idea – and to persuade others of its benefits, too!
This workbook is a downloadable product.
All our Bite-Sized Scenario Training workbooks are available for free to Mind Tools Club members. Go to www.mindtools.com to sign up and gain full access.