How to Build a Custom Pro Forma


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In episode 126 of Financially Simple, Justin looks at creating a Pro Forma for your Business.

A Pro Forma is a living document that will act as a record of a business, and will also allow you to make certain predictions of where a business is headed. Justin goes over the fundamentals of making a Pro Forma for your business, and explains why having one is of great benefit.


00:26 - How to Build a Custom Pro Forma

01:19 - What is a Pro Forma?

03:36 - How a Pro Forma works

06:02 - Income

08:32 - Expenses

13:58 - Projecting Risks

14:40 - The Benefits of Categorisation

18:49 - Net Income

20:25 - Tracking the Growth and Value of a Business

21:57 - Summary


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Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.

184 episodes available. A new episode about every 3 days averaging 19 mins duration .