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How to come up with solid financial projections?
Created On: 04/09/2009  - in Financial Plan Writer  - Comments  (15)

Whether you are expanding your business or starting a new business, writing a business plan is very important. Business plan contains all the relevant information about your business venture, in which financial projection is one of the most important sections.

Financial projection includes financial statements such as income statements, balance sheets, and cash flow statements and it is necessary that financial statements must follow Generally Accepted Accounting Standards (GAAP). By the business plan reader, financial projection section will be greatly analyzed.
Here are some tips for crafting solid financial projections:

Get easy with worksheets: For all financial projections, worksheet software is the starting point. There are number of special software packages available that help you with financial projection in which Microsoft Excel is the most common. These worksheets or spreadsheets offer elasticity and

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Restaurant Business Plan
Created On: 08/09/2009  - in Small Business Guide  - Comments  (34)

A restaurant business plan is a crucial document for anyone who is planning to start a restaurant business. A restaurant business plan is as important as having a good recipe. Your restaurant business plan must contain all the necessary details which will help the investors to know how your restaurant will be successful in the competitive restaurant industry. A restaurant business plan must be made for two purposes: First is to attract investors and lenders, and second is to know the nuts and bolts of starting a restaurant business in proper manner.

Your restaurant business plan must contain the following key components: An executive summary, business overview, location, business concept, sample menu, layouts and design, market strategy, competitive analysis, industry assessment, marketing strategy, operational plans, management team, financial proj
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