Discussion topic: Financials
Section I: The Business Plan financials (Excel document)
Section II: Financial section of the business plan (compose as a Word document and paste in the discussion window)
3 headings as outlined below:
1.Sources and use of funds: Outline the funds you have currently (see portfolio pages 4 and 8) and the ones you intend to raise (you need to raise funds per the portfolio page 4). Explain how you plan to use the funds (a clear plan for how you will use the money).
2. Plan assumptions: The Financial plan must be based on decisions and facts. Investors want to know if this plan is realistic. In this section you will outline your plan assumptions.
3. Break-even analysis: The break-even point is the point at which you make enough money in revenue to pay your expenses, but no profit (or loss). In this section, clarify what the break-even number is for year one (average). You will extract this information from the Break-even tab in the Excel document.
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