1 / 9

Crafting a Solid Financial Plan for Success

Learn how to create a comprehensive financial plan that encompasses sales projections, cash flow, income statements, balance sheets, and key ratios for a feasible business. Telling a story chronologically, supported by key statements and actual financial statements.

satya
Download Presentation

Crafting a Solid Financial Plan for Success

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Financial Plan:What it can look like Michael W. Piczak February 2005

  2. Introductory page

  3. Telling a StoryChronologically:…Soon there will be a time

  4. Your Story • A business started up (SUC) • It generated Sales (Sales Projections) • Those sales resulted in cashflow (Cashflow) • The cashflow gave rise to income (income statement) • Resultant profit went to retained earnings (balance sheet) • All my indicants point in the right direction and are comparable to industry averages (key ratios)

  5. Key Statements…there is no escaping these

  6. Key Ratios summarizing performance

  7. THE ONLY LOGICAL CONCLUSION? “Given that: • Start up costs are reasonable and defensible • Sales projections are conservative and attainable • Cashflow remains positive for the most part • Positive income is generated within the first few years • Retained earnings grow steadily with profits kept within the business and • Key ratios are generally at the same level as industry averages, I believe that this is a feasible business and should receive funding.”

  8. Where to Locate Actual Statements • In the appendices properly labeled and referenced in the narrative • Less important statements come at the end (depreciation schedules, amortization schedules, etc.)

  9. The Financial Plan:What it can look like Michael W. Piczak February 2005 THE END

More Related