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Effective Tips for Writing the Financial Section of Business Plan
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We Provide Advice When Your Business Needs It Not Just When You Ask For It! A business plan is a professional document which defines the goals and objectives of the business. It also includes the work strategies, methods, and techniques for the employees so that they can attain these goals. All these strategies help employees work in one common direction with any chaos and confusion. A successful business plan includes various sections and all of them are created after analysing every single aspect of the business. What is Business Plan
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What are the Essential Components for Writing the Financial Section of the Business Plan?
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It includes the details of your anticipated business financial resources such as assets, liabilities, and equity. Balance Sheet
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This part gives you estimate of the amount that will be coming in through the business sales and the anticipated amount of expenses that is required to run business operations smoothly. Analysis of the Cash Flow
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This is also known as the income statement in business terms. It is the report which lists the anticipated revenue and the expenditure. Profit and Loss Analysis
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This is the part which tells information about the incurred expenses for operating the business activities. Operating budget
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It is the projection required to cover all the variables and fixed expenses. It also projects the specific circumstances under which the business can expect profit. Break-Even Analysis
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