Description
Business plan: Financial Statement
We need to make additional financial documents to help possible investors understand the numbers. If you want, create a new budget with a starting capital of 1.5 million and expand it into a minimum of three pages. Another option is to use the existing budget and add onto it. Create a cash flow, income statements, trail balance and anything else that could help map out the business numerically. What we planned with a budget of 1.5 million: cash-on-hand, equipment, insurance, salaries, supplies like gas, food, office-supplies and etc. Also create your own liabilities and owners equity statements (possible revenue and expenses only). some of the information in the start-up budget will help you with pricing like the drones and salaries for pilots. The start-up budget is messy so having you create the statements we need in a clean format will help start a good foundation. The additional cost to add is the new office for 1500 a month, computers for 10000. Add anything you can think of to increase the number of statements we can produce, such as office expenses and supplies.
Remember to use the start-up budget as a reference to help you with the numbers if you’re going to create a new budget