Milwaukee, WI, May 07, 2010 --(PR.com
)-- Corporate Finance Network, Inc. (CFN), a provider of web-based business financial planning, valuation and analysis software, offers free use
of its five-year forecast models for established, start-up, and early stage businesses.
The current economic recession and nascent recovery, with its complex mix of tight credit conditions and customer demand volatility, underscore the need for businesses to plan their finances beyond their annual operating budgets. The purpose of this CFN initiative is to provide entrepreneurs with a no-cost platform to do that planning quickly and easily, so that they can test the impact of various possible sale volume, profit margin and cash flow scenarios on their balance sheet positions and their owners’ wealth.
The CFN models take a top down, CEO-level approach to business financial planning; they forecast financial data at approximately the same level of account detail as an accountant’s standard year-end report. The five-year forecast model for established businesses uses the historical financial statements of the businesses being planned as the base; the forecast models for start-up and early stage businesses use SIC code financial data as the starting point for developing custom plans.
Each of the forecast models generates the following presentation-quality reports:
- Primary financial statements – forecasted annual income statements, balance sheets and cash flow statements.
- Detailed narrative reports describing forecast results.
- Several pages of documentation detailing the assumptions underlying the income statement, balance sheet and cash flow forecasts.
- Reports containing financial ratios and other metrics used by business owners and executives, banks and other providers of capital to evaluate financial performance.
About Corporate Finance Network
Corporate Finance Network, Inc. (www.corpfin.net
) provides start-up, small and middle-market businesses and their advisors with web-based, easy-to-use business financial planning, valuation and analysis software.