3:05 PM
Lanee' Blunt
By Lanee’ Blunt
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| Include your Financial Section-- lustfish |
A financial section should
always be included with your business plan. A business plan is a written description
of your business and what you plan to do and how you are going to do it. They are used by entrepreneurs that are
seeking financing, firms that are trying to hire key personnel, firms trying to
get investors.
The finance section of the
business plan should include your cash flow statements, of each year you have
been in business—up to three to five years, company income statements, balance
sheets and other financial ratios, such as a break-even analysis. You may
require help from your accountant or a good spreadsheet software program.
Reference:
Entrepreneur: An Introduction to Business Plans
SBA: Writing a Business
Plan: Financials
Posted in: Business Plan
