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Showing posts from November, 2020

Creating a Pro Forma Income Statement: Facts & Facets

  A pro forma statement is a look at those 'what-if' situations, where pro forma means projected or future. It's basically a tool that stakeholders, business owners, investors, decision-makers, and creditors, use for examining those hypothetical conditions. They look forward & backward to reveal financial information, which standard financial statements fail at offering. Best Time to Use Pro Forma Statements These financial statements are uniquely insightful; hence using them in a number of situations makes sense. Here's an outline of the best time to use these statements. Financial Modeling & Business Planning It's convenient for business leaders to look at the side-by-side comparisons concerning different assumptions to guide strategies. For example, management can decide between two individual proposals or plans. They might create these statements for scenarios to witness what might serve definite goals & visions the best. As a matter of fact,

What are the Unique Benefits of Investing in Commercial Real Estate?

  Usually, people limit their real estate investments to single residential properties. However, potential investors tend to miss out on the potentially huge opportunity of commercial real estate. The equity and income benefits that come with commercial real estate are much larger. Yes, one can say that the risk factors associated with commercial real estate investments are high. But if you know how to negate these risk factors, you would be in an advantageous position. But before delving into the commercial real estate Costa Rica investment benefits, let’s find out about commercial real estate.    Overview of Commercial Real Estate Without having an overview of commercial real estate, you won’t be able to invest profitably. Commercial real estate refers to those types of properties that would be used for business purposes solely. In other words, commercial real estate provides a workspace rather than a living space. From a gas station complex to a huge shopping mall, commerc