As part of your business plan, you will develop a pro-forma financial model (5 years) for your business. For this week complete the following:
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Financial Plan (First Draft)
As part of your business plan, you will develop a pro-forma financial model (5 years) for your business. For this week complete the following:
1. A list of key assumptions that drive your financial model. It is strongly encouraged that you find comparable companies and use industry ratios to justify your assumptions.
2. Year 1: Monthly and year-end income statements and cash flows; year-end balance sheet.
Note: Use a spreadsheet program such as Excel to construct this information. Be sure to include a separate sheet for your key assumptions
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