Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Financial forecasting is important because it adds discipline to the way an entrepreneur thinks about the venture. Forecasting helps determine cash needs and timing of these needs. It also helps the value of the venture. Thus, the financial forecasting is critical to the success of your business plan.

The cash flow forecast is arguably the most important part of the plan, but each of the other documents is important from a planning perspective. There are three sections in a financial plan i) the Starting Balance Sheet, ii) the Pro-Forma (or Forecast) Income Statement, and iii) the Cash Flow Forecast.

describe your approach and the steps you have taken in order to build the forecast of the short, medium, and long term financing needs.

1) What might the sources of financing of your chosen plan be? Please describe.

In the course of preparing your paper, you will probably want to think about, among other things, the points such as:

-Sources of financing (e.g., angel financing)

-Preparing pro-forma financial statements for lenders (e.g., Balance Sheet and Income Statement)

-Describe methods of forecasting the future financial needs of the enterprise

-Evaluate a set of assumptions regarding investment required, projected sales, profit margins and credit on the financial projections of a business firm

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M926883

Have any Question? 


Related Questions in Basic Finance

Family finance homework regarding automatic millionair

Family finance homework regarding Automatic millionair book Read the book The Automatic Millionaire by David Bach. Turn in a 2-5 page double-spaced paper (3 points). Please do not go over 5 pages. Write one paragraph for ...

Regarding to capital structure calculate the following

Regarding to Capital Structure, calculate the following measures for three years of FLIGHT CENTRE AUSTRALIA 1. Capital structure (i.e., the percentage of debt and percentage of equity) 2. Cost of common equity and (if an ...

A company has 12 salespeople a board member at the company

A company has 12 salespeople. A board member at the company asks for a list of the top 5 salespeople, ranked in order of effectiveness. How many lists are possible? Assume that the order of the salespeople on the list is ...

In a survey of men in a certain country ages 20-29 the mean

In a survey of men in a certain country (ages 20-29), the mean height was 66.5 inches with a standard deviation of 2.9 inches. a) What height represents the 80th percentile? b) What height represents the first quartile?

Explain why the traditional interest-rate channel of

Explain why the traditional interest-rate channel of monetary policy transmission from monetary policy actions to changes in investment and consumption decisions may be relatively weak.

Discussioncourse wrap-up please respond to the

Discussion "Course Wrap-Up" Please respond to the following: Imagine you have completed your bachelor's degree at University and you are searching for a job in finance, accounting or business. Using various employment we ...

Assessing interest rate differentials among countries in

Assessing Interest Rate Differentials among Countries : In countries experiencing high inflation, the annual interest rate may exceed 50 percent; in other countries, such as the United States and many European countries, ...

Assume that you are 30 years old today and that you are

Assume that you are 30 years old today, and that you are planning on retirement at age 65. Your current salary is $40,000 and you expect your salary to increase at a rate of 5% per year as long as you work. To save for y ...

1 what is the price of a 5-year bond with a nominal value

1. What is the price of a 5-year bond with a nominal value of $100, a yield to maturity of 7% (with annual compounding frequency), a 10% coupon rate and an annual coupon frequency? 2. Same question for a yield to maturit ...

Public finanace and budget apa formatusing your favorite

Public Finanace and budget/ apa format Using your favorite search engine, locate the federal budget and your state budget for the current fiscal year. Compare and contrast both budgets in an essay consisting of no less t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate