Build your draft financial plan (draft) using supplied excel template, Entrepreneurship
Build your draft financial plan (draft) using supplied excel template, Entrepreneurship
Build your draft financial plan (draft) using supplied excel template. You will need to do it for the first two years. Use the Comparable method (please refer to chapter 9 of your textbook for further information).
Complete the following:
- Complete a list of key financial assumptions that drive your revenue projections, cost of goods sold and operating expenses. Identify 2-3 companies to benchmark (financial information can be found on their annual reports which are public). Include 3 APA style references for your assumptions.
- An opening day balance sheet (your balance sheet MUST BALANCE)
- A monthly cash flow statement for years 1 and 2
- An income statement for years 1 and 2
- A chart or graph showing growth from start-up through year 2
