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Financial Plan and Projections

7. Financial plan and projections:

This last section of your business plan should be developed with a professional accountant after you've completed a market analysis and set goals for your company.

Some of the important financial statements that should be part of your plan include:

  • Historical financial data (if you own an established business), including income statements, balance sheets and cash flow statements for the past three to five years
  • Realistic prospective financial information, including forecasted income statements, balance sheets, cash flow statements and capital expenditure budgets for the next five years
  • A brief analysis of your financial data, featuring a ratio and trend analysis for all financial statements

Creation date: Dec 4, 2020 3:22pm     Last modified date: Dec 14, 2020 4:33am   Last visit date: Nov 19, 2024 9:47pm
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