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How do firms derive the financing needs
There is a great confusion when people talk about financial forecasting. Financial forecasting at a firm's level is about determining the financing needs of the firm over the near' medium and long future.
Where do these needs emanate from? How do firms derive the financing needs? What are the main differences between the financing needs of a new firm or a new venture and those of a firm that 'has been around for a long time'?
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