Writing a Business Plan: A Template (Part 7)

In this final part of the business plan writing series, we will begin where we left off – the last few subsections that should be included in the finance analysis. These four subsections are all considered projections. It will be a good idea to make your projections about three to five years long.

Sales projections. You can make a projection of the future sales for your product or service by using historical information, your inherent knowledge of the market place that you want to penetrate, and of course, your knowledge of your product and service.

Projected Cash Flow analysis. This document would compare your cash position at the end of a the year to your position at the year’s start, as well as the influx of money into and out of the business over the same period of one year. A Cash Flow statement will only focus on the money that is going around in the course of the business’ operations. Making a three- to five-year projection will give you an insight as to whether you business will eventually bleed money or save you cash.

Projected Profit and Loss statements. Buy using the projected sales and expenditures that you’ve made you can then formulate and put together a projected Profit and Loss Statement for your prospective business.

Projected Balance Sheets. This document will show you as well as your investors the funds that will be needed as the business progresses to maintain its viability and competitiveness.

Making a graph and chart for some of the documents can help make your presentation easier to understand. Another tip you can follow is to display the Cash Flow’s first year information on a monthly basis.

Use accounting terms in parts where you think it will be more effective to use them but always remember to always be clear in expressing each point you want to raise. Be concise too. If you think that a sentence that you’ve written doesn’t contain any useful information don’t hesitate to erase it.

Conclusion

You have finally come to the end point of your business plan.

Start your conclusion by highlighting the main items in your business plan that you think are the points that will ensure the success of your business. Also explain why you think that your organisation is the right implementers for the plan’s successful execution.

Be brief in your conclusion because you have already explained the finer points of the plan in the previous sections. This is also the right section in which you can show your optimism for the plan and for the business.

Appendix

Use the Appendix to put more detailed breakdowns of some of your financial forecasts. You can also include other relevant information that investors may be interested in like the curriculum vitae of your management team or additional details on the market research you’ve done and presented through a charts and graphs form.

Business Issues
Business Plan
Countries
Finance
Marketing
Start up
Strategies
Taxation
Technology


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