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Realistic financial forecasts within the
business plan are essential to attract
investors and retain their interest
to participate in future rounds of financing. They will also
display to the investor that you have thought out the financial
implications of your company’s growth plans.
Some of the most critical mistakes that
are made when projecting financials are:
Vague assumptions
regarding projected cash flow
Lack of
research in understanding the business start-up
costs
The financial section of your business plan will include
the following sections for a Start-Up company:
Financial
summary (only needed if you are seeking financing)
Loan
fund dispersal statement (only needed if you are seeking
financing)
Pro
forma cash flow statement
Three-year
income projection
Projected
balance sheet
Break-even
analysis
Personal
financial history statement
In addition to above sections (excluding the first two bullet
points), the following are the additional sections that you
should include in your business plan for an Established
Business:
Profit
& Loss Statement
Balance
Sheet
Financial
Statement Analysis
Business
Financial History
We can prepare any one of the above documents as well as
a package deal for either the start-up company section or
the established business section. Make sure that your financials
don’t contain the critical mistakes where you will lose
a potential investors interest as well as funding. Purchase
your Business Plan Financials today! Contact us at support@businessplandocs.com
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