Build your draft financial plan. You will need to do it for the first two years. Use the Comparable method.
complete the following:
Complete a list of key financial assumptions that drive your revenue projections, cost of goods sold and
operating expenses. Identify 2-3 companies to benchmark (financial information can be found on their
annual reports which are public).
An opening day balance sheet (your balance sheet MUST BALANCE)
A monthly cash flow statement for years 1 and 2
An income statement for years 1 and 2