Accuracy

It is strongly recommended that you place the most accurate data available into your financial model as you work on it. Proforma is not Latin for "my best guess." It should represent a thorough investigation on your part that the data in your model is absolutely your best work. It is a reflection on you and your company.

There are many aspects to fundraising, and presenting your business in an accurate light is always the way to go. If your plans are to use this data in any type of fund raising exercise, it is even more imperative that your data be accurate to the best of your abilities. It will save both you and the prospective investors time in determining if there is interest and what value to place on it.