When preparing financial projections for a business plan,be ______ in your estimates.

Question

Quizplus · Accepted Answer

When preparing financial projections for a business plan, it is always best to be conservative in your estimates. This means taking a realistic approach and erring on the side of caution, avoiding overestimating revenue or underestimating costs. It is important to present a realistic picture of the company's financial future to investors or lenders.

When Preparing Financial Projections for a Business Plan,be ______ in Your