Task: Assume you are about to start a business. Put together a preliminary financial plan that addresses the financial planning questions below:
What business am I in?
Should I be in it five years from now?
What funds will the business require during the planning period?
How much money should I invest in technology and new plant and equipment over the next decade?
When will the business need additional funds?
Will I have cash available to meet long-term obligations? Where will I obtain the necessary funds?