But there is one thing. You on paper are modeling their business from scratch, “calculate all the risks themselves” calculate the risks that can confront your business. No consultant knows more risk than you, who are engaged in this business a long time. Good financial plan includes a sensitivity analysis, where you see well the reaction of your business changes, increase or decrease taxes, sales volumes, interest rates, and so on, and by the way, you make sure to change wages of your employees your business is not very sensitive. Much more than any business depends on changes in sales volumes, rather than on employee salaries. Especially, if you want to earn a lot to your business showed a good increase in net present value, for this you have to pay people to earn money for you, for pennies on the one you will not work. How to calculate the financial indicators for your business plan? There are special programs like Project Expert, Invest and others.

But as the saying should pay for everything, and these programs are worth about three thousand dollars. And if you enjoy kryaknuty programs, they can get you a count, that the spread can be much more than three thousand dollars. I do not advertise these programs, we can assume, and in Excel, you can and on a calculator. For example, in Excel to calculate the net discounted income, you need to log into the formula – financial, continue to find npv, which considers the net present value, as in the section of financial formulas can be calculated and the internal rate of return, and many other factors, most importantly understand that we need to count for something. With good financial counting on you not disappear no financial hole. As usually happens get involved in the project, and funding to complete the project did not missing. Good financial forecasts should be approximately ten percent in both parties to depart from the calculation results.

This is achieved by simulating different situations with the change rate, taxes and sales. And already, based on these calculations, the decision to join the business. Further sections of the business plan consists of a feasibility study, environmental, marketing analysis. At each of these steps is necessary to pay special attention to all sections of the business plan are essential, but without the finances and you do not start your project, and already how to make yourself a business plan, there is no difficulty – this presentation with graphs, and forty pages of text descriptions, which to obtain financing will need to be good at presenting the investor.