Tagged Questions

2
votes
1answer
60 views

Is there a method for creating achievable financial forecasts?

Is there a method or set of methods for writing the financial forecasts and profit loss statements for the next two years of business when you have never actually traded? These documents are often ...
1
vote
4answers
150 views

How to estimate revenues with several business model options?

How would you estimate the revenues on a business plan if you have several possible business models (i.g. Freemium and/or Advertisement). The revenues could be generated by one or a combination of ...
1
vote
1answer
98 views

Business Plan and Financial Plan

How would I determine my start-up's target market share and translate that into financial forecast on a commission based business model?
5
votes
3answers
236 views

How should I spend my limited financial capability to gain momentum in my startup?

I am a start up, with no office. fairly new to Canada with no financial records. No website (only Domain name). Working from a rented room. I registered my company. Imported a small stock that is ...
1
vote
5answers
218 views

Is it normal to get profits only in the 3rd year?

I'm doing a business plan for a web business, and in the financials part, I'm getting this: Net Profit Year 1: ($234,788) Year 2: ($2,361) Year 3: $251,708 Net Profit/Sales Year 1: -421% Year 2: ...
1
vote
2answers
157 views

What is a financial Sensitivity Test?

I am preparing a financial forecast for the business plan. Talked to someone and he said I should do a sensitivity test for the forecast. Essentially, I was told to do a highwater mark and a lowwater ...