oboloo Glossary

Business Plan Financial Statement

oboloo Glossary

Business Plan Financial Statement

A Business Plan Financial Statement is a document that outlines the financial goals and objectives for a business. It can be used as a guide for investors and potential partners, to understand how the company plans on achieving those goals. The Financial Statement shows the estimated income, expenses, profits, investments, and liabilities of the company over a period of time. It helps communicate the company’s budget and expenditures, in order to ensure that they are all in line with their overall strategy. It also allows the company to create realistic projections for the future of their venture.