A small business actual sales turnover Rs:30 lacs in f.y.19-20. question: how much sales turnover show in estimated f.y. 20-21 how much sales turnover show in projected f.y.21-22 for bank loan purposes.
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Quick Summary
This discussion addresses how a small business with actual sales of Rs. 30 lacs in FY 19-20 can project its turnover for FY 20-21 and FY 21-22 for bank loan purposes. It highlights that these projections depend on the growth trend and explores methods to justify expected increases, such as a 10% or 15% rise, and how these figures align with bank loan manager expectations.