Scribd
Upload
45 views3 pages

Financial Plan

The financial plan outlines the costs required to start a business, including estimating current assets, capital assets, and startup expenses. It then provides templates for a starting balance sheet, income statement, and cash flow statement. The balance sheet shows the business's initial assets, liabilities, and equity. The income statement forecasts revenue, costs, and net profit. The cash flow statement estimates monthly cash receipts and disbursements to calculate the ending balance.

Uploaded by

Ayesha Jamil 5099-FMS/BBA/F17
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
45 views3 pages

Financial Plan

The financial plan outlines the costs required to start a business, including estimating current assets, capital assets, and startup expenses. It then provides templates for a starting balance sheet, income statement, and cash flow statement. The balance sheet shows the business's initial assets, liabilities, and equity. The income statement forecasts revenue, costs, and net profit. The cash flow statement estimates monthly cash receipts and disbursements to calculate the ending balance.

Uploaded by

Ayesha Jamil 5099-FMS/BBA/F17
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

FINANCIAL PLAN

FINANCIAL PLAN PURPOSE:


To show the financial requirements to start the business, and to keep the business profitable
and liquid.

FINANCIAL PLAN OUTLINE:

Starting costs

 Estimate current Asset


 Estimate capital Asset
 Estimate startup Expenses

Starting Balance Sheet

 Total Asset (from above)


 Planned investment (equity)
 planned loans (liabilities)
 Balance sheet Formula

Assets= Liabilities+ equity


Income Statement

 Start-up expenses (from above)


 Forecast revenue
 Forecast cost of goods
 Forecast overhead expenses

Revenue-Expenses=Net profit
Cash Flow
 Estimate Monthly sales
 Adjust Monthly sales for all
 Account for loans &investment
 Calculate total receipt
 Estimate Monthly purchase
 Adjust for AP
 Estimate Monthly overhead
 Estimate loan repayment
 Forward start-up costs
 Calculate disbursements

Starting balance+ receipts –Disbursement =Ending balance

STARTING BALANCE SHEET


BUSINESS

JAN 1, 2020
Current Asset Current Liabilities
Cash 1100000 A/c payable 500000
Non current Liabilities 250000
Inventory 250000 750000

Other 100000 Capital


Sub total 1450000 Retained Earning 0
Fixed Asset investment 400000
Vehicle 25000 total equity 350000
Office Furniture 25000 Total Liabilities 750000

50000 Total Liabilities 1500000

Total Assets 1500000


THE PRO-FORMA INCOME STATEMENT
JAN 1 ,2020

Sales 1500000
Cost of goods 800000
Gross profit 700000
Administrative EXP:
Marketing 90000

Licenses 90000
Research& Development 80000
Other expenses 200000
Total Administrative Exp 460000
Net profit 240000

Cash Flow Information


Account payable 500000
ADMINISTRATIVE DISBURSEMENT
Advertising monthly
Licenses yearly
Research development monthly
Other expenses monthly

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy