The document discusses financial planning for business startups and operations. It emphasizes the importance of developing thorough financial plans that address key questions around investment needs, financing sources, cash flow management, projected profits and profitability, and applicable business taxation. The document provides financial planning concepts and templates to help structure initial financial plans, budgets, and forecasts.

1. Comercio Exterior 1Colegio Internacional Lope de Vega – 24th Nov 2015
Javier Izquierdo
YES PROJECT – ERASMUS +
FINANCIAL PLAN

2. Comercio Exterior 2
Financial Plan
FINANCIAL MANAGEMENT
COMPANY THAT
ALREADY EXISTS
NEW COMPANY
BUSINESS PLAN

3. Comercio Exterior 3
Financial Plan
BUSINESS PLAN
Plan RRHH
Plan MK
Plan Operaciones
FINANCIAL PLAN
ETC.

4. Comercio Exterior 4
Financial Plan
FINANCIAL
MANAGEMENT
FINANCIAL PLAN
FINANCIAL
ACCOUNTING
MANAGEMENT OPERATIONS
ECONOMICAL & FINANCIAL
STUDY

5. Comercio Exterior 5
Financial Plan
I am sure
You will do yourself a lot of questions
about commercial, operations, human
resources issues, etc.
BUT TODAY,
WE ARE TO MAKE
ALL QUESTIONS YOU CONSIDER
IN TERMS OF “FINANCING”

6. Comercio Exterior 6
Financial Plan
WITHOUT A “GOOD” FINANCING PLAN,
NO BUSINESS IDEA CAN BE SUCCESFULL

7. Comercio Exterior 7
Financial Plan

8. Comercio Exterior 8
Financial Plan
ECONOMICAL & FINANCIAL
STUDY
Viability

9. Comercio Exterior 9
Financial Plan
ECONOMICAL
Viability
FINANCIAL
Viability

10. Comercio Exterior 10
Financial Plan
ECONOMICAL Viability
The project is viable if
it is able to generate
PROFITS
and provide an
acceptable
RETURN

11. Comercio Exterior 11
Financial Plan
FINANCIAL Viability
The project is viable if we have
not problems of
TREASURY
and it has a balanced financial
structure, related to
DEBT
SOLVENCY
LIQUIDITY

12. Comercio Exterior 12
Financial Plan
FINANCIAL Viability
SITUATION
ANALYSIS
TARGETS
LIQUIDITY SOLVENCY DEBT
Info
Reliability
Sector Company
Management
Business
Strategy

13. Comercio Exterior 13
Financial Plan
ANSWER
We need a
resounding yes
YES NOT
We don´t need a
doubtful yes
LET´S GO
GO ON
COME BACK
REVIEW

14. Comercio Exterior 14
Financial Plan
ENTREPRENEUR
PROFITABLE BUSINESS
START?
FINANCIAL PERFORMANCE

15. Comercio Exterior 15
Financial Plan

16. Comercio Exterior 16
Financial Plan
Let me know
……………
…………..

17. Comercio Exterior 17
Financial Plan
Are you able
to answer
FOLLOWING
QUESTIONS?

18. Comercio Exterior 18
Financial Plan
QUESTION 1?
What investment
do you need to
start your
project?

19. Comercio Exterior 19
Financial Plan
QUESTION 2?
How are we
going
to finance
such needs?

20. Comercio Exterior 20
Financial Plan
QUESTION 3?
Do we have the
warranty to get
the finance
we need?

21. Comercio Exterior 21
Financial Plan
QUESTION 4?
Can
we deal
with our debts?

22. Comercio Exterior 22
Financial Plan
QUESTION 5?
Can
we generate
Profits?

23. Comercio Exterior 23
Financial Plan
QUESTION 6?
What prospects of
profitability in the
short and medium
term have our
project?

24. Comercio Exterior 24
Financial Plan
QUESTION 7?
What is the
taxation
corresponds to
my project?

25. Comercio Exterior 25
Financial Plan
Key concepts
financing
needs financing
sources
treasury
Profits
(benefit)taxation

26. Comercio Exterior 26
Financial Plan
FIGURES
BE ACCURATE
BE HONESTY
WITH YOURSELF
BE CONSERVATIVE

27. Comercio Exterior 27
Financial Plan
DO NOT THINK !!!!!!!
ALICE IN WONDERLAND!!!!

28. Comercio Exterior 28
Financial Plan
INITIAL NEEDS
1. Equipment (machinery, furniture,
computer equipment)
2. Transport & Tools
3. Stocks, Raw materials
4. Facilities: buildings, warehouses,
stores
Resources and investment to finance
your activity
ASSETS
1
1

29. Comercio Exterior 29
Financial Plan
HOW MANY MONEY DO I HAVE?
INPUTS?How can I finance it?
CAPITAL STOCK
2
Money (€, $) In kind
2

30. Comercio Exterior 30
Financial Plan
WHO FUNDS ME?
Common sources:
Banks
Suppliers,
others, etc.
Financing Sources
3
We have several and diverse
Financing Sources
NET EQUITY3

31. Comercio Exterior 31
Financial Plan
JUST GET “THE FINANCING”
And you know very
well them
You just know
LIABILITIES
4
4
How many money
do you debt?

32. Comercio Exterior 32
Financial Plan
JUST GET “THE FINANCING”
BALANCE
4
5
INITIAL INVESTMENT INITIAL FUNDING

33. Comercio Exterior 33
Financial Plan
JUST GET “THE FINANCING”
BALANCE
4
5
ASSETS (Activo)
LIABILITIES (Pasivo)
EQUITY (P. Neto)
WHERE DO WE GET
THE RESOURCES
WHERE DO WE APPLY
THE RESOURCES

34. Comercio Exterior 34
Financial Plan
PROFITS
PROFIT & LOSS
5
6
A profit and loss statement (P&L) is a
financial statement that
summarizes the revenues, costs and expenses
incurred during a specific period of time, usually a
fiscal quarter or year.

35. Comercio Exterior 35
Financial Plan
PROFITS
PROFIT & LOSS
5
6
These records provide information about a
company's ability – or lack thereof – to
generate profit by
increasing revenue,
reducing costs, or both.

36. Comercio Exterior 36
Financial Plan
PROFITS
PROFIT & LOSS
5
6
The P&L statement is also referred to as
"statement of profit and loss",
•"income statement”,
•"statement of operations”,
•"statement of financial results”, and
•"income and expense statement."

37. Comercio Exterior 37
Financial Plan
PROFITABILITY
6
PROFITS
Result of activity
My business idea
It works???
Compare with competence
PROFITABILITY

38. Comercio Exterior 38
Financial Plan
PROFITABILITY
6
1. Amount in euro of Profit
2. Knowing the industry/sector
3. Make a good market survey
4. Evolution Business / Industry
It is a industry where you can
GET IT BACK profitability
before 1st year, during 1st, 2nd or 3rd one.

39. Comercio Exterior 39
Financial Plan
PROFITABILITY
6
If you do not generate PROFIT FIRST YEAR
IT DOES NOT MEAN THAT IT IS NOT PROFITABLE

40. Comercio Exterior 40
Financial Plan
PROFITABILITY
6
• A company that does not generate profit
UNTIL 3rd YEAR, CAN BE PROFITABLE
• A company generate benefits FOR 6
MONTHS, CAN NOT BE PROFITABLE

41. Comercio Exterior 41
Financial Plan
PROFITABILITY
6
IT S USUAL 3 YEARS FOR A COMPANY
ACTIVITY SECTOR
KIND OF COMPANY
OPERATING INCOME
EARNING BEFORE
INTEREST AND TAX

42. Comercio Exterior 42
Financial Plan
TAXATION
7
NET INCOME
Different taxes regarding country laws
VAT, CORPORATION TAX, ETC