Problem:
Developing a 500- to 700-word four-part financial overview of a property maintenance/home repair organization. This overview will include the revenue model, financial highlights, funding requirements/use of funds, and the exit strategy. To support this work a financial statement needs to be developed and included in the appendix of the business plan.
1. Revenue Model: As simple as it seems, this section of a business plan gives clarity on how you generate revenues. Do you sell products? Do you sell advertising space? Do you sell by-products, like data? Do you sell all of the above?
2. Financial Highlights: The full financial model (income statement, balance sheet and cash flow statement) belong in your Appendix, but in this section please include the highlights. For instance, include the revenues, key expenses, and projected net income for the next five years.
3. Funding Requirements/Use of Funds: If seeking funding for the company, detail the amount here, and importantly for what will the use of the funds be.
4. Exit Strategy: Particularly if seeking equity funding, detail the expected exit strategy. The most likely exit strategy is to sell the company to a larger firm. If so, detail the types of firms that might be interested in purchasing you and why. List the specific names of potential acquirers if applicable.