Financial Plan Develop Pro-Forma Balance Sheet for a start-up business or current Balance Sheet and Income Statement for an existing business (current within 90 days), prepare a projected Cash Flow Statement, covering a one year period, and three years of projected Income Statements for either a start-up or existing business.. Loan Information Explain the amount of the loan requested, term in which you want to pay the loan back and how the proceeds of the loan will be utilized (for example, purchase of machinery and equipment, land and building or perhaps working capital for the business).. ♦ ♦ ♦ ♦ ACCOUNTING What system will you set up for the maintaining of financial records Who will be responsible for tax accounting What plan do you have periodic financial analysis Project costs associated with accounting services.. FINANCIAL STATEMENT ANALYSIS In this section you will use your Income statements and balance sheets to develop a study of relationships and comparisons of: (1) Items in a single year s financial statement, (2) comparative financial statements for a period of time, or (3) your statements with those of other businesses.. (For example, location plans, demographics, competition analysis, advertising rate sheets, cost analysis, etc.) PUTTING YOUR PLAN TOGETHER WHEN YOU ARE FINISHED: Your Business Plan should look professional, but the potential lender or investor needs to know that you did it..
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