In the case above, Garrett had to find $124,500, and you can see that he financed it with Accounts Payable, debt, and investment in various categories.
Here is another simple example: the starting costs worksheet that Magda developed for the restaurant I used for a sample sales forecast.
For Live Plan, you start your plan when you start spending, regardless of launch date.
So the spending you do for rent and salaries and such, before launch, is part of the flow, as above.
You can estimate them both in two simple lists: I’ve used a bicycle store as an example in several posts that are part of this series of standard business plan financials.
Here’s a visual in spreadsheet form, of sample starting costs for a hypothetical bicycle store.Posted in Blog, Business Plans I get asked that question every day.Like any good business consultant, and I am a good consultant 🙂 , I answer that question with the only possible answer: It depends.The financial statements, cash flow analyses and balance sheets will make sense.There won’t be a lot of charts and graphs that don’t really explain much.You want to know how much all of this is going to cost and maybe a bit wary if you have heard of companies charging £2,000, £3,000, £4,000 or more for business planning services.Rest assured, our fees are far more affordable than you might expect.Some plans may be as simple as an executive summary and a one-page financial worksheet, while others can be well over 50 pages and contain several years of financial projections.Typically prices start from £749 but as all plans are tailor-made to suit the business and budget, please call or email for a free, no-obligation consultation, so that we can discuss your precise requirements.And that’s just the beginning of the business plan process.We’ll go through numerous iterations and we’ll discuss the changes needed.