Where can I learn how to do the Planned Financing section of business plans?
I’m doing a business plan competition in high school. My partner and I created a fake business, and we need help with the planned financing section. In this section, we need to include:
1.) Projected income statements by month for the first year’s operation (sales, expenses, profit/loss)
2.) Projected cash flow for the first year
3.) Projected cash flow by month for the first year’s operations
4.) Projected balance sheet, end of first year
5.) Projected three-year profit/loss statement
I do not know much about this area of business. Where can I learn about it so I have the information accurately and logically displayed in the business plan? Any resources either online or from a library (specific references please) would be welcome. Any help would be much appreciated. THANK YOU VERY MUCH IN ADVANCE!!
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Did you consider asking your project guide with help on completing this section or the librarian of your school. He/she would be the best person to guide you on this.
As part of their Free online business plan program has a 12 month financial projeciton in Microsoft Excel.
You will have to create the Projected three-year profit/loss statement on your own becuase it only covers the first 12 months.
Register here:
good luck
Hello,
Check the financials templates of nextiq.com
Hope can work for you.
matt