Creating Financial Projections for Your Business Plan

If you want to start or run a successful business you have to understand the numbers. Regardless of the industry, size or other unique features of your business, financial analysis is critical to both starting a business and staying in business.

If you are working on the feasibility of an idea or writing a business plan, you need this class!

This 2-hour recorded workshop will cover how to develop a financial plan using the AK SBDC’s Financial Model tool which is an extensive Excel model. Don’t worry, no previous experience with Excel is necessary.

Topics covered include the following:

• Start-Up Budget
• Salaries and Wages
• Fixed Expenses
• Sales Projections
• Income Statements
• Cash Flow Statements
• Balance Sheets

The results of this exercise will be ready to insert into the financial portion of your business plan.

Presented by: Allan Carraway