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- Startup summary.

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Now for a startup summary,

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you're going to want to write a brief description

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that defines the tables you are going to include.

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A sample of this section is in your handout,

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so you can get an idea of how those numbers are presented.

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Now, you're going to give a detailed breakdown

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of the expenses to date.

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This gives investors insight

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into what your expense priorities are,

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so they can understand what type of company

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they are investing in.

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If you've been tracking your expense in Excel,

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or with Accounting Software,

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you should be able to export them into tables for use

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in this business plan.

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As you can see here, this is where

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I will list my business assets

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and my current available cashflow.

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If you have accounts payable already,

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you'll want to list those in this section as well.

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Use this example to help identify

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your own startup funding snapshot.

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The last part of the startup summary

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is the general assumptions subsection.

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You'll open with a general statement like,

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the forecast for short term interest rates,

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longterm interest rates, income tax rates,

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and inflation rates.

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These forecasts are necessary because

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they affect the financial future of ABC LLC,

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regarding the interest expense it will incur

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on borrowed funds, the taxes it will pay,

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and the future expenses it will incur.

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Now in bullet point form, write a few sentences

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about those rates and tax liabilities.

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If you're showing a longterm interest rate of 12%,

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explain where you got that from.

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In the bullet point form for longterm interest rate,

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you may write something like,

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the current longterm interest rate,

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charged by transactional investors is 12%.

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Our forecast is that the longterm rate will remain the same

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through the life of the financial projection period.

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You want to do this for each rate or number you display

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in your general assumptions table.