FINANCIAL PLANNING AND PROJECTIONS
A Business Plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. As the business plan is the stepping stone for your business it is important to leave it to the professionals. A good business plan will ensure that your business can attract sufficient finance to turn your dreams into reality. It is a decision making tool and should contain all the information needed to decide whether or not to pursue a goal.
Financial institutions will use the business plan as the basis when determining whether the finance should be advanced to the entity or not.
Typical structure for a business plan for a start up venture is as follows:
- cover page and table of contents
- executive summary
- business description
- business environment analysis
- industry background
- competitive analysis
- market analysis
- marketing plan
- operations plan
- management summary
- financial plan
- attachments and milestones
Despite the fact that banks recently have increased the volume of documentation required to advance the finance. We work closely with the banks on behalf of our clients and by preparing cash flow statements and projections ensure that the bank’s requirements are met successfully.
