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Overview
A complete set of financial projections, including a summary of significant assumptions, projected balance sheets, projected income statements, and projected
cash flow statements, should be a part of every business plan. In most situations, presenting financial projections without including important assumptions that support the projections is
meaningless. In some cases, simply disclosing how the projected item was determined is sufficient. For instance, if you assume that an item like telephone expenses will cost $150 per month per
employee, disclosing this information as such is often assumptions, projected balance sheets, projected income statements, and projected cash flow statements, should be a part of every business plan. |
