08 Feb '11, 8am

[ADV] What Goes Into A Business Plan?

[ADV] What Goes Into A Business Plan?

Estimates of the future financial performance of a business. A financial projection is important in transforming financial plans to specific targets within a specific timeframe. Develop a model that projects either the current year or a rolling 12-month period by month. Forecasting your budget for this duration will help you better manage and control your business and forecast possible downfalls and conflicts. For start-up companies, the initial business plan should include a month-by-month projection for the first year, followed by annual projections going out a minimum of three years. A chart, graph or pie would best represent a financial projection.

Full article: http://www.youngupstarts.com/2011/02/08/adv-what-goes-int...

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