How to write the financial section of a business plan?
The financial plan for startup business is crucial, as that’s how you are getting the attention of more investors. That means the financial plan needs to be solid and to show the right amount of value that people can get in the long run. Once you have that, it will just make things a whole lot easier and more convenient in the end every time. Studying the expenses Every example of simple business plan will shows you that you need to study the business expenses at first. That means studying the business registration fees, business permits and licensing, rent deposits, utility setup fees, starting inventory and the down payments for the property and equipment. Of course, this is just the beginning and it can increase based on your business requirements and other factors similar to that. The operating expenses can also be included; these are salaries, mortgage or rent, utilities, telecom expenses, storage, promotion, distribution, raw materials, utilities, office supplies and mai