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Section 7: Financial Plan
T...
English, 27.02.2021 05:10 francescanajar5
Answer if you know
Please help been asking from 2pm please
Section 7: Financial Plan
The financial plan section is the most important section of the business plan, especially if you need debt financing or want to attract investors. The financial plan has to demonstrate that your business will grow and be profitable. To do this, you will need to create projected income statements, cash flow statements, and balance sheets. For a new business, these are forecasts. A good rule of thumb is to underestimate revenues and overestimate expenses.
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