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Some 50% of new businesses fail to see the 3rd year anniversary.
Most of these failures are due to Cash flow deficiencies, incorrect budgeting, Not calculating operating costs correctly, Taking a very optimistic view on sales & demand.
We will prepare 3 years cash flows & projected accounts along with a formal business plan and give you will realistic reports on the viability of your new business project & start up.
Our report will give you details as to how much capital you will need; how much short term funding / overdraft; the level & number of staff required; what would happen if your sales or costs varied by even 10% from projected Plans; the pitfalls of running this business etc.
