ProjectionHub, a company that helps entrepreneurs create realistic financial projections without the need for a PhD in spreadsheet modeling, has announced the release of a new free ebook titled, “How to Create Financial Projections for Your Startup” ProjectionHub Co-Founder, Adam Hoeksema, explained, “You have probably heard the statistic that approximately 50% of businesses fail in the first 5 years. You may also know that according to the Angel Capital Education Foundation, only 1 to 4% of angel investor applicants successfully raise angel investment. I believe that the primary cause for both of these stats is a lack of understanding when it comes to creating a realistic set of financial projections.” Adam went on to say, “the purpose of this ebook is to help entrepreneurs understand how to develop bottom-up, data-driven financial projections rather than simply handing them a spreadsheet and telling them to fill it out.”
The new ebook works in conjunction with the ProjectionHub web application which will empower entrepreneurs to create their own business forecasts. ProjectionHub is a web application that helps entrepreneurs create financial projections for their business without the need to be a PhD in spreadsheet modeling. For more information visit http://www.projectionhub.com or email me at adam@projectionhub.com
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