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Re: wadirum1 post# 41965

Thursday, 02/05/2009 11:18:57 AM

Thursday, February 05, 2009 11:18:57 AM

Post# of 346922
Wad basically around May last month yo would work on projections and budgets for 2010. They clearly until then give low projections. It's always better to exceed what you say then fall short. I always would give the banks worse case. Then when they approved my numbers for the new year, how it handled loan covenants etc they loved it when we beat what I projected.
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