Do you need to have personal financial statements for each owner and major stockholder?  

The financial plan consists of a 12-month profit and loss projection, a four-year profit and loss projection (optional), a cash-flow projection, a projected balance sheet, and a break-even calculation. Together they constitute a reasonable estimate of your company's financial future.   

Learn how to:

• 12-Month Profit and Loss Projection

• 4-Year Profit Projection
• Projected Cash Flow

If the profit projection is the heart of your business plan, cash flow is the blood.   The cash-flow projection is just a forward look at your checking account.  Your cash flow will show you whether your working capital is adequate.  Depreciation does not appear in the cash flow at all because you never write a check for it.

Speaker(s): Lisha Proudfoot, FocuStrat