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Comercio Exterior 1 Colegio Internacional Lope de Vega – 24th Nov 2015
Javier Izquierdo
YES PROJECT – ERASMUS +
10 key points for financial plan
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10 key points for financial plan
10 key points
to make a
financial plan
for your business
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10 key points for financial plan
There a lot of entrepeneurs but
sometime they´re loser to build
the financial plan
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10 key points for financial plan
Some questions MY BUSINESS IS PROFITABLE?
HOW TO DO A FEASIBILITY STUDY?
HOW DO I DEVELOP A BUSINESS PLAN BEFORE
CREATING MY COMPANY OR MY BUSINESS IDEA?
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10 key points for financial plan
1. ¿Why would I need
a financial plan??
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10 key points for financial plan
“The plan is useless,
but
planning is essential.“
“El plan es inútil, pero
la planificación es
imprescindible.”
Napoleón y Eisenhower
used to say:
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10 key points for financial plan
It is important not to be obsess
with forecast.
The value of Financial
Plan is in:
Questions and Answers
Help to our decisions
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10 key points for financial plan
You should answer
following questions
To know financial needs
in short term: daily operation
or long term: investment financing
To know economical viability
To know minimum sales to start to earn money (BREAK EVEN)
To study sensitivity of your business to several factors:
sales increasing, cost increasing, etc.
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10 key points for financial plan
2. ¿Is the same thing
a financial plan that a
business plan?
financial plan business plan
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10 key points for financial plan
3. ¿What content
should have a good
financial plan?
Basic elements of
financial plan:
•P&L
•Investments Plan
•Balance
•Cash Flow
It is common to take
account:
•Break even analysis
•Sensitivity analysis
•Company valuation
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10 key points for financial plan
4. ¿How I can take advantage of
the format of financial plan that
calls me the Bank, Public
Financing or other organization
or institution?
Bank Public Financing Others
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10 key points for financial plan
5. Do you need a financial plan for
any business (online store or a
startup)? How it can help?
? ? ? ? ? ? NO ANSWER FOR ALL QUESTIONS
TO CHECK POSSIBLITIES TO MINIMIZE RISKS
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10 key points for financial plan
6. What do the letters or
terms mean: EBITDA, EBIT ,
Cash - Flow?
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10 key points for financial plan
7. With a financial plan, can I
know how much better my
project or company?
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10 key points for financial plan
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10 key points for financial plan
8. How I can know
if my financial plan
is well calculated?
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10 key points for financial plan
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10 key points for financial plan
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10 key points for financial plan
9. What information
do I need to start
making the financial
plan of my new
company?
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10 key points for financial plan
•Prices and sales units… estimated related to:
product – service – market
•Cost structure to get product/service
•Personal expenses ….. Estimated
•General Expenses
•Administrative service expenses
•Cost and investment plan forecasted
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10 key points for financial plan
10. I can not do a
financial plan ...
Should I learn?
Who can help me?
DO NOT BE
AFRAID!!!!!!!!
