At today’s final SBI session, the class had the opportunity to participate in an engaging panel discussion with other small business owners, reps from the SBA, SBDC and SCORE and business lenders. (more…)

During our last Small Business Institute class, we discussed the importance of cash flow projections as a tool for business management.  We discussed how a business owner would go about determining the figures in their projections and what the results of the projections actually mean.

Ruth Hughes, Director of the Wilkes University SBDC, provided two templates that can be used to develop cash flow projections or pro formas.  The first version is for one year of projections and the second version contains two years of projections.   You must have Microsoft Excel to use these templates. (more…)