Nobody has a crystal ball to tell the future, but a well-thought out pro forma can help you project to the best of your ability and explore different scenarios. A pro forma is simply a financial ...

Discover how pro-forma forecasts work, their benefits, and limitations. Learn to leverage these financial predictions using income statements, balance sheets, and cash flows.

Entrepreneurs usually create pro forma statements to project future financial returns from new business ventures. Pro forma statements are commonly included in the entrepreneur's business plan. These ...