Monday, 15 February 2010

Profit and Loss forecast

My team and I created a Profit and Loss forecast statement for the first three years. In the Excel file below we have a 12-month forecast for each year in 3 different spreadsheets.


We decided:
1) to look for angel investors and other similar resources to gather our start-up budget since it is not very high, and
2) to hire employees before when our sales exceed £ 1,000.

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