In this section, provide comprehensive projected financial documentation for a minimum of three years, including:
Projected income or profit-and-loss statements
Projected balance sheet outlining your assets and liabilities
Projected cash flow statement illustrating the inflow and outflow of funds within the company
It's crucial to articulate a clear strategy for how your business will generate sufficient profits to repay loans or deliver a solid return on investment to your backers. Additional information may include a break-even analysis, assumption sheet, and documented start-up cost.
Resources for Developing Your Financials Component: