Ingram, S. Entrepreneurship Planning the Small Business: Planned Financing.

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Presentation transcript:

Ingram, S. Entrepreneurship Planning the Small Business: Planned Financing

Ingram, S. Planned Financing 1.Projected Income & Expenses— a. Personal and internal sources b. Projected cash flow for the first year c. Projected cash flow by month for the first year’s operation d. Projected balance sheet, end of first year e. Projected three-year plan f. A brief narrative description of the proposed business, including financial resources and needs

Ingram, S. Planned Financing 2.Proposed Plan to meet capital needs— a. Personal and internal sources b. Earnings, short-term and long-term borrowing, long-term equity c. External sources d. Short-term and long-term borrowing, long-term equity e. Repayment plans f. Plan to repay borrowed funds or provide return on investment to equity funds