The failure of many small businesses relates directly to underestimating the amount of money needed to start and continue the business. Most business owners can, with relative ease, estimate the amount of money needed to start a business. The problem comes with arriving at a clear estimate of how much money will be necessary to keep the business operating until it is able to realistically support itself. If you can honestly determine how much is actually necessary to allow the business time to thrive before you can take out profits or pay, the next challenge is to figure out where to get that amount of money.

This Financial Plan Worksheet Kit will lead you through a number of questions to help you determine the amount of money needed and where it might be obtained.

Following the Worksheet are instructions on preparing both an Estimated Profit and Loss Statement and a Current Balance Sheet. Both of these forms will help you put real numbers into your plans.

The Financial Plan Worksheet Kit is divided into the following sections:
· Income and Expenses
· Assets and Liabilities
· Financial Needs
· Preparing a Profit and Loss Statement (with Estimated Profit and Loss Statement Form)
· Preparing a Balance Sheet (with Current Balance Sheet Form).

When used in conjunction with a Business Plan Worksheet and a Marketing Plan Worksheet, this Financial Plan Worksheet will assist you in preparing a formal Business Plan for your company.

This Kit can be used in all states.