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hether you are expanding your business or starting a new business, writing a business plan is very important. Business plan contains all the relevant information about your business venture, in which financial projection is one of the most important sections.

Financial projection includes financial statements such as income statements, balance sheets, and cash flow statements and it is necessary that financial statements must follow Generally Accepted Accounting Standards (GAAP). By the business plan reader, financial projection section will be greatly analyzed.

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A custom financial plan can be described as a plan written exactly as per the requirements of your business. It provides you a clear picture of your business, whether operations are feasible or not. This is one of the most important business documents from the investors’ point of view. They critically examine it to find technical mistakes or possibility of over projected profit. You can take help from online resources as well as consult with a professional financial plan writer, but ultimately you are in control and responsible for your own financial plan.

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