Description
A financial plan in which you demonstrate that your business can be viable and profitable. Existing businesses can use historical data, where as start-ups will use projections based on your "best estimates." Your financial plan should include the following information:
a) sources and uses of capital(where your money is coming from and how you are going to spend it).
b) cash flow projection.
c) balance sheet(assets owned and liabilities owed).
d) profit-and-loss statement(sales revenues and expenses, either actual or estimated).
e) break-even analysis(how much product you need to sell to cover your expenses). Submit your
financial
plan either in paragraph format or in chart format in one to two pages.
Explanation & Answer
Attached.
Running head: FINANCIAL PLAN
1
Financial plan
Name
Institutional Affiliation
Date
FINANCIAL PLAN
2
A financial plan is an evaluation of the current and future position of a business financial
statement using the known variables to look into the future. This done through the use of cash
flow, balance sheet, expenses and revenues, and break-even analysis. All the above indicate the
viability and profitability of the business. The financial plan will be outlined from the previously
prepared business plan for the start-up venture.
a) Sources and use of capital
Paw-Cation limited company intends to borrow a substantial amount of $110,000
exclusiv...
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