How to Write a Financial Plan for Your Business (With Templates)

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Whether you are preparing your business plan, or if you are just writing your financial plan, this video will help you in detail. Follow the link below for free templates of income statement, balance sheet, cash-flow statement:

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The financial plan is one of the most important aspects of your business and business plan. It Includes your projected revenues, costs, anticipated return on investment, and any financial resources you have at your disposal to attract investors, lenders and determine whether or not this is a good idea.
The Financial Plan describes a business’s historical financial state (if applicable) and future financial projections.
The financial plan is composed of:
• Assumptions used for projections,
• Three financial statements (income statement, balance sheet, cash flow statement) and projections made for these statements,
• Break-even analysis,
• Funding request,
• Exit strategy

Watch our video for a detailed explanation on how to write your financial plan.

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