Milestone Four of the business plan consists of you demonstrating that your business can be viable and profitable. Existing businesses can use historical data, whereas start-ups will use projections based on your “best estimates.

“Your financial plan should include the following information:sources and uses of capital (where your money is coming from and how you are going to spend it).
cash flow projection.
balance sheet (assets owned and liabilities owed).
profit-and-loss statement (sales revenues and expenses, either actual or estimated).
break-even analysis (how much product you need to sell to cover your expenses).
You can submit your financial plan either in paragraph format or in chart format.

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