A Model for Forecasting a Multiple-Location, Growing Business

Business Valuation UpdateVol. 29 No. 3
March 2023
management forecasts
forecast, discounted cash flow (DCF), management projections, projections


Veteran valuation expert Gary Trugman (Trugman Valuation) had an engagement that involved a business that operated a franchise with multiple locations—and was required to open a lot more. This article shows in detail how he did the forecasting.