Posted on November 28, 2004 at 10:48 pm
Startups or big enterprises need Financial planning as it is a lifeline for company’s survival. Having an idea about your financial obligations and earnings give you an advantage in arranging your priorities. A typical Financial plan has following components:
Assumptions: Assumptions are essential and key to form a foundation of any financial plan. Averages, opening balances, [...]
Posted on November 27, 2004 at 2:02 pm
I would like to thank one of my readers for being alert enough to point out in his/her comment, capital requirements stated in earlier post does not match with numbers stated in the last post. It is good to know, people are participating and reading my blog with interest. This also suggests, creating a Business [...]
Posted on November 25, 2004 at 10:31 pm
Today we will discuss Capital and Expenses requirement of the company. Although we have discussed the cost of business in our previous post, here we will talk about what Venture Capitalist wants to see in these statements and how we can present it so that investors can be convinced.
If I am a Venture Capitalist, I [...]
Posted on November 24, 2004 at 10:50 pm
The Organization structure has a special place in the business plan as it helps in projecting operating expenses. This is one of the key numbers in the financial statements, which Venture Capitalists scrutinize heavily. Thus a well-formed organization structure is essential for the business.
Every company is different, but it can be broadly classified to have [...]
Posted on November 23, 2004 at 10:29 pm
A top-notch management team is essential for a business to succeed. However an operation plan is equally important for a business to perform well. Operations plan will lay a foundation for the logistics of the company which will include
* responsibilities of the management team* the tasks assigned to each division within the company* capital and [...]