{"id":138,"date":"2016-07-11T19:27:48","date_gmt":"2016-07-11T19:27:48","guid":{"rendered":"http:\/\/entre-plan.com\/?page_id=138"},"modified":"2023-10-19T21:03:06","modified_gmt":"2023-10-19T21:03:06","slug":"financial-plan-proforma-financial-statements","status":"publish","type":"page","link":"https:\/\/entre-plan.com\/index.php\/financial-plan-proforma-financial-statements\/","title":{"rendered":"Financial Plan – Proforma Financial Statements"},"content":{"rendered":"

Proforma income statement<\/strong><\/p>\n

EntreQuick<\/a> produces a three year (monthly or yearly) proforma income statement detailing your revenues, expenses, and profits.<\/p>\n

Proforma balance sheet<\/strong><\/p>\n

EntreQuick<\/a> produces a three year (monthly or yearly) proforma balance sheet showing your new business’ forecasted growth in assets, liabilities, and net worth.<\/p>\n

Proforma cash flow statement<\/strong><\/p>\n

EntreQuick’s<\/a> cash flow statement details your sources and uses of cash over three years.<\/p>\n

Break-even analysis<\/strong><\/p>\n

A break-even analysis is usually optional, but it can be helpful in showing the level of production you need to cover all operating costs.\u00a0 The B-Even program produces a break-even table and graph.<\/p>\n

General Assumptions<\/strong><\/p>\n

Your proforma financial statements will have little meaning without an explanation of their underlying assumptions.\u00a0 Remember, your general assumptions should be in-tune with your industry’s performance, and if they aren’t, explain why.\u00a0 For example, if your company’s projected gross profit is 37%, but your industry average is 25%, you’ll have your investors wondering why.<\/p>\n

EntreQuick’s<\/a> general assumptions about cash sales, credit sales, accounts payable, and inventory policy is a good place to start–but don’t overlook these either:<\/p>\n