8 Financial Projections

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8 Financial Projections

  1. 1. Develop your Projections Obtain your Financing Obtain your Insurances/ Licenses
  2. 2. Statements Based on Projections
  3. 3. Capital= Money, Fixtures --- Debt= Need to Re-Pay Backed with Collateral Made to the most credit-worthy
  4. 4. The Business is a Start-Up! Poor or Incomplete Business Plan Lack of Experience Lack of Confidence in Borrower Inadequate Investment in the Business
  5. 5. * Business Must Be Considered “Small” * Must not be Leader in Field * Must Comply with all Federal Laws * Business CANNOT be opinionated * Unable to Obtain Financing from Bank * Owner Must Provide Reasonable amount of Own Money * Owner Must Provide Reasonable Collateral
  6. 6. Equity Capital Business Grants Venture Capitalists
  7. 7. Develop List of Start-Up Costs Develop List of Operating Expenses Develop List of Potential Revenues

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