Let's start a new business. Create a budget, and a cash flow statement.

Consider contracting with a law firm($100 a month),a CPA firm(~$100 a month), and a payroll services firm(~$50 a month

after the hiring of someone) for discounted services for a flat monthly fee.

How will it operate at first? Home office? Rent a mailbox? The choices will affect the travel.

Complete the estimated budget and cash flow statement on a spreadsheet. Format it nicely, and arrange it for later copying as a table to the final business plan. Now, to create the cash flow statement, copy the budget to another spreadsheet. Examine the slight differences