1. Small Business Management
... a strong financial plan. "A useful financial plan will cover your past history, your present condition, and the company's likely financial needs for the future" (Fritz, 1987, p.132). "Your present financial condition should be reflected by: An up-to-date profit-and-loss statement (P&L), details on ... sources, revenue projections, ratios and comparative analysis (internal and external) budgetary, contingent liabilities, insurance, Tax considerations, methods of review and control. And your future needs should be reflected by: An equity policy statement, your capital requirements (amount...
- Word Count: 3726
- Approx Pages: 15
- Has Bibliography
- Grade Level: High School