Business Plan Financial Projections For Entrepreneurs

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.com How to Construct Financial Projections for ENTREPRENEURS Introduction

description

http://www.lostjobstartbusiness.com/This presentation shows you how to develop accurate financial projections for your business plan. Learn how to integrate your sales and expense assumptions with your income/profit, cash flow and balance sheet projections. Save thousands of dollars on accounting fees by developing your financial projections yourself.

Transcript of Business Plan Financial Projections For Entrepreneurs

Page 1: Business Plan Financial Projections For Entrepreneurs

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How to Construct Financial

Projections for

ENTREPRENEURSIntroduction

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Pic: http://www.flickr.com/photos/jblndl/2658532094/

Scary Huh?

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Pic: http://www.flickr.com/photos/mamchenkov/409745082/

Financephobia?

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“We will get 1% of the total market share...”

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Industry Journals

Competitor’s Annual Reports

Internet Forums

Online Questions

BlogsMarket

Research Reports

Observation

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Google Traffic Estimator

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15%

1%

Example Sales Funnel

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15%

1%

Example Sales Funnel

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v

225 $800X = $180,000

Year 1 Sales is worked out like this:

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This is what your Expense Assumptions listshould look like:

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Workings for Depreciation in Assumptions

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Asset Value / Useful Life = Depreciation

Workings for Depreciation in Assumptions

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Referenced from assumptions page

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Sales - Total Expenses = Profit/Loss

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Cash Flow Example

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Cash Flow Example

Total Inflows - Total Outflows = Total Inflow/Outflow

Total Inflow/Outflow + Opening Balance = Closing Balance

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Balance Sheet

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Balance Sheet

What your business owns

What your business owes

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Balance Sheet

See, it’s balanced!

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