How to Create a Financial Business Plan

A financial business plan is essential to help your small business. These important documents are put together to help your business plan for the future. Make no mistake. This part of your business plan might look like accounting but a financial business plan is designed to look forward. First off, it’s important to remember these don’t necessarily follow any kind of sequence. Although they include profit and loss statements, a balance sheet and cash flow statements, you might jump back and forth when you first start putting one of these together. For example, when you put together a cash flow, the numbers might tell you that you need to go back and rejigger your estimates for expenses and sales.