Alaska Small Business Development Center

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 workshop will teach you 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.

The link above will take you to our client portal, where you will be able to register for access to this training video.