Section 7: Financial Plan The financial plan section is the most important section of the business plan, especially if you need debt financing or want to attract investors. The financial plan has to demonstrate that your business will grow and be profitable. To do this, you will need to create projected income statements, cash flow statements, and balance sheets. For a new business, these are forecasts. A good rule of thumb is to underestimate revenues and overestimate expenses.
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IT ABOUT BUSSINESS

Read the excerpt from the common sense of bicycling: bicycling for ladies. the bicycle is capable of such high speed that there is a strong temptation to ride so fast as to cause over exertion or excessive perspiration. on the other hand some people ride too slow, causing a zigzag and uncertain movement. while exercising reasonable caution, be a fearless rider. when you come to a steep hill, if the road is clear, let it go as fast as it will. if you rid yourself of that ghost of fear, coasting is one of the greatest delights of cycling. which is the best paraphrase of the text?