BUSINESS PLAN FINANCIAL PROJECTIONS
Lenders and investors need to see a path to profit
Your business plan is incomplete without a defensible bottom-line projection.
How to develop business plan financial projections as a start-up
If you’ve researched your target market and industry trends, you can forecast your business’ future income and expenses before you make your first sale. Industry-accepted assumptions found during your market research can help you develop a sales forecast, expense budget and cash-flow statement. Lenders are going to want to see realistic, well-researched, defensible financial projections to determine if you can repay your loan.