![]() Additional types of business structures may possibly include new generation co-ops or joint ventures. The typical business structures are: sole proprietorship, partnerships or corporations. The structure of your business will determine the variation and format of some of the financial documents that you will utilize. Others will be used to provide information that will enable you to attract partners, investors or financing capital, while some will monitor and benchmark your business activities on an ongoing basis. ![]() Some may be used in the earliest stages - simply to determine whether or not your proposed or existing business is feasible or sustainable. Each plays an important role in planning and managing your business. IntroductionĮntrepreneurs, start-up companies and existing companies will utilize and require the development of numerous financial documents during the planning and operational stages. Tip: Remember it takes time, good research and a great team effort to achieve a realistic financial plan on which good decisions can be made. Comments on suggestions for monitoring the financial plan developed.Overview of Key Financial Performance Ratios – purpose and formulas.The importance of accurate Cash Flow Planning.An overview and an example of a Balance Sheet and Income Statement.The up-front homework and planning process required in developing Key Assumptions for cash flow planning. ![]()
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