Sales forecast Project your sales out for at least three fiscal years.
Or were able to collect bills more quickly? You do this in a distinct section of your business plan for financial forecasts and statements. That's money you owe because you haven't paid bills which is called accounts payable and the debts you have because of outstanding loans.
You also need a projected balance sheet. The idea here is to round up the numbers that you put together in the previous categories.
Use the numbers that you put in your sales forecast, expense projections, and cash flow statement. Finance How to Write the Financial Section of a Business Plan An outline of your company's growth strategy is essential to a business plan, but it just isn't complete without the numbers to back it up.
There should also be additional elements to the Revenue section to account for increased sales, new infusions of equity, or additional debt.
The statement of cash flows requires a reconciliation of net income and cash flow from operations. Break-Even Analysis A break even analysis is a projection demonstrating the level of sales at which you break even. It is designed for a wide variety of users, from those who have little or no accounting or Excel experience to those who may be well versed in finance, accounting and the use of Microsoft Excel.
Extensive directions and guidance for a particular page or on a specific accounting topic are found in blue boxes like this one on pages that are not self-explanatory.
These are all educated and researched guesses about what your money situations going to look like for your small business.