The importance of financial planning for small business owners is highlighted in a report by Portal Exame. The article offers suggestions on how to create reliable financial projections and features experts who warn about the dangers of uncertain plans that are far from the reality of the business.

Consultant Márcio Iavelberg, speaking with Exame.Com, mentions that tracing costs and expenses in advance allows the entrepreneur to negotiate payment terms and make strategic decisions; unhurriedly and with less dependence on third-party resources. SEBRAE São Paulo consultant Luís Lobrigatti also opines in the report, stating that a good financial projection acts as a compass guiding the company's path.

Reduced bankruptcy risk and greater security in decision-making are other advantages pointed out by Portal Exame. The main recommendation from specialists is for entrepreneurs to exercise discretion and good judgment when executing their planning. Luís Lobrigatti explains in his testimony that purchase and sales forecasts, as well as fixed expenses, should be taken into account.
From the SEBRAE consultant's perspective, customer non-payment is also a factor that deserves attention. Inventory costs, employees, insurance, taxes, and other variables are also factors to consider, according to Lobrigatti, as are investments in equipment and vehicles. “But everything within the company's capacity, what it can take on in debt, and how long it will have to finance to pay it off,” the specialist recalls, according to Exame.Com.

Finally, Luís Lobrigatti also highlights the importance of considering the company's field of operation and the business's history when planning for the future months, with a perspective that should be quite realistic. “If the sales pace is declining, it's not that you should project decreases, but rather think about solutions to resolve it,” recalls the SEBRAE consultant in the statement made to the Portal Exame report.

With information from Portal Exame