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Developing financial projections for your business can be intimidating, as predicting revenue and costs can seem uncertain. Presenting these projections to funders can feel final, but it's important to remember they are only estimates. Pricing is a key factor, as it directly impacts profitability. Gross margins need to be competitive to cover financial obligations and allow for growth. Analyzing the profitability of different products and services is crucial for building accurate financial projections.
