E-government services and tools from regional governments and regional development bodies to support and coordinate the regional research and innovation capital

Business Plan Wizard

1
Cover Page
 2
Executive Summary
 3
Company Description
 4
Market Research
 5
Product/Service Line
 6
Marketing & Sales
 7
Financial Projections
 8
Finish Up
7

Financial Projections

This section is the most important for investors and lenders because it shows that your company is built on a solid foundation. It also illustrates how your business will be able to meet financial obligations, while maintaining a positive cash flow balance.

If you do not have any financial information prepared, research industry statistics to estimate what the profits and costs will be for your company.

This section includes four spreadsheets:

  • Profit and Loss Projection
    Shows your company's ability to generate a net profit, or your bottom line. This is also known as an income statement.
  • Cash Flow Projection
    Displays the operating, investing, and financing activities of your company by detailing the money coming in to and going out of your business
  • Projected Balance Sheet
    Estimates resources your business will need, where they will be needed, and how they will be financed.

This summarizes your revenues, costs and expenses incurred during a specific period of time. It shows the ability of your business to generate profits by increasing revenue and reducing costs. Some cells will automatically calculate as you enter financial information.

Category Year 1 Year 2 Year 3
Sales
Inventory (previous year)
Purchases
Inventory
Gross Profit

Operating Expenses
Salary (Office & Overhead)
Payroll (taxes, etc.)
Outside Services
Supplies (office & operation)
Repairs & Maintenance
Advertising
Car, delivery & travel
Accounting & legal
Rent
Telephone
Utilities
Insurance
Taxes (real estate, etc.)
Interest
Depreciation
Other expenses
Total Expenses
Net Profit (before taxes)
Income Taxes
Net Profit (after taxes)
Owner Draw/Dividends
Adjusted to Retained

The Cash Flow spreadsheet shows how money will come in and go out of your business. This will indicate when your expenses are too high and help you determine if you should arrange short term investments to deal with cash flow surpluses. It will also highlight how much capital investment your business will need.

Category Year 1 Year 2 Year 3 Total Item EST
Cash on hand
Cash Receipts
Cash Sales
Collections from CR Accounts
Loan/Cash Injection
Total Cash Receipts
Total Cash Available (before cash out)
Cash Paid Out
Purchases
Gross Wages
Outside Services
Supplies
Repairs-Maintenance & Depreciation
Advertising
Car, delivery & travel
Accounting & legal
Rent
Telephone
Utilities
Insurance
Taxes (real estate, etc.)
Interest
Other expenses
Subtotal
Loan principal payment
Capital purchase
Other startup costs
Reserve and/or Escrow
Other withdrawal
Total Cash Paid Out
Cash Position

A projected balance sheet indicates the future financial health of your business. Using your profit and loss and cash flow spreadsheets, you can project what your balance sheet will look at the end of your first year. Enter the amounts for each section of the balance sheet (assets, liabilities, and equity) below.

Current Assets Year 1 Year 2 Year 3
Cash on hand
Accounts Receivable
Inventory
Deposits
Other current Assets
Total Current Assets
Fixed Assets Year 1 Year 2 Year 3
Machinery & Equipment
Furniture & Fixtures
Leaseholder improvements
Land & Buildings
Other fixed assets
Total Fixed Assets (net of depreciation)
Other Assets Year 1 Year 2 Year 3
Intangibles
Other
Total Other Assets
Total Assets
Current Liabilities Year 1 Year 2 Year 3
Accounts Payable
Sum of outstanding amounts (from previous years) owed to suppliers
Taxes Payable
Notes, short term (due in 12 months)
Current part, long-term debt
Total Current Liabilities
Long Term Debt Year 1 Year 2 Year 3
Bank loans payable
Other long-term debt
Total Long-Term Debt
Total Liabilities

Owners Equity Year 1 Year 2 Year 3
Common Stock
Retained Earnings
Total Owners Equity
Total Liabilities & Equity
© 2026 Regional Development Fund Region of Western Greece