Financial plan of the business plan: mandatory conditions for drawing up

The most ambitious and important stage in the preparation for business is the financial plan of the business plan. The information contained in this section is the main one for providing it to business partners and investors. For them, this is the main Material assessment of the ability of a new enterprise through its activities to ensure the inflow of cash in an amount sufficient to repay credit obligations, dividend payments. The financial plan of the business plan must be transparent, logical, understandable. For a decent evaluation, it is necessary to indicate who made the scheme of expenses - specialists of your future company or third-party appraisers. The more clear and logical the financial section of the business plan, the easier it is to set quality goals and achieve quantitative indicators. Of course, such a startup view will be of more interest to investors and partners.

If in the long term it is planned to create a production resource-intensive enterprise with a large turnover of money, materials, raw materials, labor, with a loan of a large loan, then it is more reasonable to entrust expert companies to the financial part of the business plan, or rather to draft it. This increases the chance to have a literate document in which all calculations are economically justified. The financial plan of the business plan, developed by experts, is likely to be more favorably accepted by investors and creditors. This is an important moment for any startup.

The financial plan of the business plan must contain a reporting form : financial and accounting. Of course, they should be Legislatively approved. As a rule, there are three such reports:

1. Profit and loss account;
2. On the flow of funds;
3. Balance sheet.

The first of these documents contains all information about the company's activities for the reporting periods: a decade, a month, a quarter, a year. The second is called "Cash Flo". With its help, a sufficient amount of money is determined for the implementation of credit payments, the issuance of wages, the purchase of materials and raw materials. The third allows you to assess the financial condition of the company at any time. These are liabilities and assets, all property status, its sources of origin.

It is equally important to describe the schemes of cash receipts, guarantees, liability. The financial part of the business plan in this section usually contains a clear description of the state of the economy at the time of development, a forecast for the near future. It would be superfluous to assume the development of the economic situation in the market in several variants with a mandatory consideration of the crisis moments and ways out of them.

A prerequisite is the consideration of possible risks, their assessment and ways out of them. For such information, the business plan usually contains a separate sub-section. Each risk is considered in it separately with the assumption of the influence of external and internal factors. Any investor is interested in how an entrepreneur is going to protect his company from their impact. The amount of anticipated losses is a threat of a loss of a part of the resources. This is the alleged risk.