• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 13. Writing Your Financial Plan > Organizing Your Financial Statements

Organizing Your Financial Statements

At first, you might be intimidated by the task of forecasting the finances of your new venture. But in reality, this task isn't so bad if you plan well. Valid financial projections consist of making educated guesses as to how much money you'll take in and how much you'll need to spend, and then using these estimates to calculate whether your company will be profitable. If your company is already established, you need to include past annual balance sheets and income statements in your financial plan.

Here are the financial projections you should have in this section of your plan:


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint