Milestone Four of the business plan consists of you demonstrating that your business can be...
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Accounting
Milestone Four of the business plan consists of you demonstrating that your business can be viable and profitable. Existing businesses can use historical data, whereas start-ups will use projections based on your "best estimates." My business plan is one consisted of a salon offering cosmetology related services. Your financial plan should include the following information:
- sources and uses of capital (where your money is coming from and how you are going to spend it).
- cash flow projection.
- balance sheet (assets owned and liabilities owed).
- profit-and-loss statement (sales revenues and expenses, either actual or estimated).
- break-even analysis (how much product you need to sell to cover your expenses).
You can submit your financial plan either in paragraph format or in chart format. Milestone Four is due at the end of Module Four. To complete this assignment, review the prompt and grading rubric in the Final Project Guidelines And Rubric document. When you have finished your work, submit the assignment here for grading and instructor feedback.
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