Below is an example of a financial plan that could possibly help you with your project.
APPLICATION OF LOAN
If this financial plan is being written to meet the requirements of a lending institution or investor , specify the amount of capital which you expect to put into the business.
Provide specific information as to how the loan will be spent, new equipment; purchase a building; inventory; supplies; working capital.
Identify what items will be purchased, who are the suppliers and what are the costs.
Describe how this loan or investment will make your business more profitable.
In the event the loan or investment cannot be made, describe what changes, if any, must be made in order that the business would still be operational.
FINANCIAL DATA
Sources of funding;
Mortgage Loans, Term Loans, Personal Equity Investments.
Applications of funding;
Purchase Building, Purchase Equipment, Renovations, Inventory, Supplies, Working Capital.
Balance Sheet;
Current Assets; Cash, Accounts Receivable, Inventory, Supplies. Fixed Assets; Fixtures, Vehicles, Equipment, Building, Land. Current Liabilities; Accounts Payable, Bank Loans. Net Worth; Owners Equity
OPERATING EXPENSES
Salaries, Wages, Commissions, Payroll Taxes , Marketing, Advertising and Promotion, Office Administration, Legal and Accounting
Operating Supplies, Bad Debts, Rent, Repairs and Maintenance
Utilities, Insurance, Taxes and Licenses, Depreciation, Interest
BREAKEVEN ANALYSIS
SALES
COST OF GOODS/SERVICES SOLD
GROSS PROFIT
FIXED EXPENSES
NET PROFIT (LOSS)
GROSS PROFIT AS % OF SALES
Divide Gross Profit by Sales
(To show percentage relationship)
BREAKEVEN
Divide Fixed Expenses by Gross Profit
(As % of Sales expressed as a decimal)
SUPPORTING DOCUMENTS
Personal Resume
Job Descriptions
Financial Statements
Credit Reports
Letters of Reference
Letters of Intent
Copy of Lease
Copy of Agreements
Copy of Contracts
Copy of Proposals
Quotations and Estimates
Census and Demographic Data
Industry Surveys
