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Break a business plan into bite-sized pieces to save time, and focus on what matters most for you right now. The last of a three-part series

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future.

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. What they might not know is that investors look at projections not merely as predictions, but more as commitments from the founder and his team.

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future.