can anyone help me with this. the project i am doing is a start up cannabis company. TIA

Financial Statements due 5/9 if you need funding providing financial projections to back up your request is critical This section is the most important for investors and lenders because it shows that your company is built on a solid foundation. It also llustrates how your business will be able to meet financial obrations, while maintaining a positive cash flow balance This section normally includes four spreadsheets listed below. FOR OUR ASSIGNMENT. I ONLY WANT YOU TO SUBMIT APO FORMA (PROJECTED INCOME STATEMENT FOR THE FIRST YEAR OF BUSINESS and a Balance Sheet for the start up of that business the first day) Part 8 Financial Management For this project you are only required to submit a projected income statement and balance sheet for the first year. I have provided more information than you will need to complete this part. I don't expect that you are accountants or have taken an accounting class Read the text and follow the accounts that would be listed on each statement. Let me know what questions you have I am only requiring you to submit a projected (pro forma) income statement and balance sheet for the first year. The information that follows outlines the other statements and projections that should be included in a business plan that you would write for a real business to seek financing. I am not asking you to submit cash flow statement or budgets, etc. This is what should be included in a real world plan: The financials should be developed after you've analyzed the market and set clear objectives. That's when you can allocate resources efficiently. The following is a list of the critical financial statements to include in your business plan packet Most of the time, creditors wel want to see what you expect your company to be able to do within the next five years. Each year's documents should include forested income statements, balance sheets, cash flow statements, and capital expenditure budgets. For the first year, you should supply monthly or quarterly projections. After that you can stretch it to quarterly and/or yearly projections for years two through five. Make sure that your projections match your funding requesto creditors will be on the lookout for inconsistencies. It's much better if you catch mistakes before they do. If you have made assumptions in your projections, be sure to summarize what you have assumed. This way, the reader will not be left guessing For the class project only submit a projected balance sheet for the first day of business for your start-up and income statement for the year ending the first year of the business. If you require assistance on this part of the plan, remember the technical assistants in the Accounting & Business Learning Center, A309. are available to work with you. Since the Center is closed due to the pandemic, the TAs are available virtually. If you would like to arrange a virtual meeting, email me and I will give the room link to you. The first step is to determine your start up costs. This will be the basis to develop your statements. mirn Financial Statements due 5/9 if you need funding providing financial projections to back up your request is critical This section is the most important for investors and lenders because it shows that your company is built on a solid foundation. It also llustrates how your business will be able to meet financial obrations, while maintaining a positive cash flow balance This section normally includes four spreadsheets listed below. FOR OUR ASSIGNMENT. I ONLY WANT YOU TO SUBMIT APO FORMA (PROJECTED INCOME STATEMENT FOR THE FIRST YEAR OF BUSINESS and a Balance Sheet for the start up of that business the first day) Part 8 Financial Management For this project you are only required to submit a projected income statement and balance sheet for the first year. I have provided more information than you will need to complete this part. I don't expect that you are accountants or have taken an accounting class Read the text and follow the accounts that would be listed on each statement. Let me know what questions you have I am only requiring you to submit a projected (pro forma) income statement and balance sheet for the first year. The information that follows outlines the other statements and projections that should be included in a business plan that you would write for a real business to seek financing. I am not asking you to submit cash flow statement or budgets, etc. This is what should be included in a real world plan: The financials should be developed after you've analyzed the market and set clear objectives. That's when you can allocate resources efficiently. The following is a list of the critical financial statements to include in your business plan packet Most of the time, creditors wel want to see what you expect your company to be able to do within the next five years. Each year's documents should include forested income statements, balance sheets, cash flow statements, and capital expenditure budgets. For the first year, you should supply monthly or quarterly projections. After that you can stretch it to quarterly and/or yearly projections for years two through five. Make sure that your projections match your funding requesto creditors will be on the lookout for inconsistencies. It's much better if you catch mistakes before they do. If you have made assumptions in your projections, be sure to summarize what you have assumed. This way, the reader will not be left guessing For the class project only submit a projected balance sheet for the first day of business for your start-up and income statement for the year ending the first year of the business. If you require assistance on this part of the plan, remember the technical assistants in the Accounting & Business Learning Center, A309. are available to work with you. Since the Center is closed due to the pandemic, the TAs are available virtually. If you would like to arrange a virtual meeting, email me and I will give the room link to you. The first step is to determine your start up costs. This will be the basis to develop your statements. mirn