1. you must have a business plan
2. You must realize how very important your business plan is
3. Is your company going to operate as a corporation, sole proprietorship, non-profit …

One mistake people make when working on their business plan is setting up unrealistic financial projections.  The person who you are approaching for a business loan will want a good financial picture of how the company will grow.

If the financial …

There are three parts of your cash flow projection.  cash revenue (estimated sales collectable in cash), cash disbursements (what you expect to pay in expenses each month) and the reconcilliation of cash revenues to cash disbursement.  So you start with …