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Essay Details:
Essay text:
Table of contents
o I. The Business
? A. Description of business
? B. Marketing
? C. Competition
? D. Operating procedures
? E. Personnel
? F. Business insurance
? G. Financial data
o II. Financial Data
? A. Loan applications
? B. Capital equipment and supply list
? C. Balance sheet
? D. Breakeven analysis
? E. Pro-forma income projections (profit & loss statements)
? Three-year summary
? Detail by month, first year
? Detail by quarters, second and third years
? Assumptions upon which projections were based
? F. Pro-forma cash flow
? Follow guidelines for letter E.
o III. Supporting Documents
? Tax returns of principals for last three years
? Personal financial statement (all banks have these forms)
? In the case of a franchised business, a copy of franchise contract and all supporting documents provided by the franchisor
? Copy of proposed lease or purchase agreement for building space
? Copy of licenses and other legal documents
? Copy of resumes of all principals
? Copies of letters of intent from suppliers, etc...
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