business plan

Cards (5)

what is a plan  
explains how they will turn a idea into a reality, so they can show investors or the bank for help financially to expand and grow
what goes into a plan
name of business
4ps
human resources
production costs
how will it be financed
cash flow forecasts  
it shows movement of money in and out the business
uses of cash flow  
help control and monitor cash in and out of the business
help owners secure a better deal financial
downsides of cash flow  
it is only a snap shot
only a estimate
owners may of over estimated or underestimated the income