Accounting & Bookkeeping
Business Development & Consulting
Estate & Trust Planning
Financial Statements & Review
Forecast & Projection
Forecasts & Projection
There are many reasons why business owners need to prepare projected financial statements for their businesses. Among these are presentations to banks to acquire financing, valuation requirements for negotiating with potential buyers, for estate or other reasons. Most business owners do not have the expertise to prepare these projections in a form suitable for the intended purpose.
In today's turbulent economy, many financial institutions have instituted additional conditions on clients' credit facilities. All lenders will now require well organized and concise historic information as well as a plan for the future, both of which demonstrate that you have a good understanding of your business. Although collateral is important, lenders are most concerned about your ability to repay the loan and interest when due. A projected financial statement will assist you in negotiating the credit facilities your business will need to navigate the current economic conditions in which you operate.
We, at Rager, Lehman & Houck, P.C., listen closely to our clients, translating their plans and expectations for the future into concise, easily readable projected financial statements, for use as needed. We prepare "what if" scenarios for discussions with our clients and develop a picture of the expected future of the business. The final projected statements include detailed descriptions of all assumptions used in these projections.
Please contact the following to discuss your needs.
Jim Balthaser (firstname.lastname@example.org)
Ryan Hastings (email@example.com)
Dennis Rager (firstname.lastname@example.org)