Chapter 11: Business Plan Assignment

You have learned quit a bit about business so far. Actually, you have learned just about every aspect of running a business. So, you should have some really good ideas about your business. You have already calculated a lot of the financial statements for your business. Now we need it in the business forms. This week for your business plan you will create the Financial Section of your plan. This part of the business plan due with this assignment covers 7.0 in the Outline. You should include:

• Describe your record keeping system
• list your bank accounts you plan to open
• list your sources and uses of capital
• show cash flow projections for at least 12 months (month by month)
• show your balance sheet
• Income statement projections for at least 12 months (month by month)
• Know what you must sell to breakeven and describe it
• show some of your ratio analysis and explain them