Registration Fee: $49 Early / $59 after 8/14/14 Business Plan 4: Financial Planning and Projections Accurate and consistent financial plans and projections are the hallmark of a well-run business, and are critical to your success. In this workshop, we will use the SCORE financial template to collect startup, costs, and to estimate revenues, costs, and profits. A copy of this template - an Excel workbook - will be provided to you at the workshop. Specific topics include: . Definition of key financial assumptions. . Personnel costs, and attribution to sales or administration. . Cost of sales. . Revenue, gross profit and net profit. . Analysis of Profit & Loss, Cash Flow and Balance Sheets. A demonstration of the use of the financial template will be provided, followed by a discussion of the effects of varying various cost and revenue assumptions. At the end of this workshop, you will have two tools to accurately estimate your startup costs, financial requirements, and the prospective profitability of your company.