Each of the following components of the business plan should be used as headings. For your chosen
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Identify the Start-Up Resource Requirements People (Explain how you will build the initial team. Will you use professional advisers (must provide support as to why or why not). Will you hire employees or outsource with independent contractors?) Physical Assets: (Where will the company be located? Rent or own? Equipment?.). Financial Resources Estimate sales and revenues,
Prepare a pro-forma income statement. Forecast start-up cash needs. Discuss the role of the balance sheet in the business plan. What are some important biblical concepts to consider in this part of the business plan?
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
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