Financial Forecasts

As part of your plan you will need to provide a set of financial projections which translate what you have said about your business into numbers.

You will need to look carefully at:

• how much capital you need if you are seeking external funding
• the security you can offer lenders
• how you plan to repay any borrowings
• sources of revenue and income

You may also want to include your personal finances as part of the plan at this stage.