document required of new businesses or corporations in reorganization, where the business is planning a major change in operations. This plan may be a chronological explanation of how the firm will use the bank loan, plus management goals and earnings objectives over the next three to five years. This statement usually is accompanied by a pro forma statement of anticipated earnings and expenses over the same period. The two statements should complement each other.
document that organizes a business concept, including marketing and management strategies and financial projections.
a comprehensive analysis of all aspects of a business enterprise relevant to its viability, including its history, management, competitive position, market, activities, products, policies, finances, and projected finances. Its purpose is usually to attract financing or investment capital.