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Showing posts from July, 2021

How to Create a Financial Plan for Your Business? – Dylan de Blaquiere

If you are planning to apply for a business financing, such as taking a loan, then the lender will most likely ask you to show a detailed financial plan before finally agreeing to issue the loan. Or, if you are planning to grow your business, and would like to scale the growth and set future goals, then a detailed financial plan might help you make more solid decisions.  Dylan de Blaquiere explains that in both cases, having a detailed financial plan is the key. A detailed financial plan can become an important report for your business and can help your business grow much faster.  If you are wondering how to make a financial plan for your business, then sweat not. In this article, Dylan de Blaquiere explains how to create a financial plan for your business.  Creating a Financial Plan  According to Dylan de Blaquiere , regardless of the type of business you have, there are three major components you will need to create a strong and precise financial plan. These are:  Balance Sheet Cash