When investors or lenders ask for a pro-forma financial statement, they are referring to a projection of financial results over some period of time. Projections are not just required at the time a company prepares its first business plan. Financial projections help business owners evaluate strategic options and make better decisions on a wide range of issues. They are requested by lenders, investors, business partners and board members to help them make better decisions about growing businesses too.
Pro-forma Financial Statements
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