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Business Planning Find and share information and resources to help you create or update your business plan.

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Old 09-08-2009
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Let Me Do It! Let Me Do It! is offline
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Join Date: Aug 2009
Location: Redford, MI (near Detroit
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Default Financial Statements for Biz Plan

Confusion...

The biz plan models I've seen require you to insert financial statements. I realize those are really to show a bank, to get a loan, and I'm not doing that. But I'm still writing the plan, and I want to have some statements in there. The one I'm using wants start-up expenses, projected income statement, and projected profit & loss.

I get the projected income stmt, and a P&L is really the same thing, right? But I honestly can't think of any start-up expenses I'm going to have, since I am doing this with my existing, fully-equipped home office. So I can list my monthly expenses for internet & cell phone, but that's about it. What am I missing?
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