Forecasting is part art and part science. Art because it's going to be about the CEO's feel for the business, its market and customers. Science because there are certain predefined financials that have to be taken into account. In our Startup series, here's how to do a business forecast:

As an entrepreneur, you’ll have to make hard choices day in and day out. Money choices can be the trickiest when you're not sure exactly what the ROI will be on your decision. Here are five simple financial tips for startups and first-time entrepreneurs that may help you in this regard.