Forums: Discussions for entrepreneurs and small business.

Hello.

When creating a business plan for a new business (one that has only just begun) would I need to include a Balance Sheet? Seems like this would not apply. Creating a "projected" balance sheet for a five year period seems to not make sense. I can understand the other projections - but Balance Sheet?

Thank you in advance for any words of wisdom.

Eva

A business plan is a formal statement of a set of business goals.

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