Financial Plan

This is the 6th assignment of a group of 7 assignments that will be combined in a final paper later where each week we dive into a new section of our business plan. Please reference the documents I attached from last 5 week’s assignments so you can understand what the business is about. Only use the attachments for your reference and understanding. Do not copy word for word, just use the attachments to get an idea! This assignment should only focus on the below instructions. Be sure to hit each and every applicable bullet point to the business I am developing in this project.

DO NOT USE AI TO WRITE THIS ESSAY. DO NOT USE AI THEN USE A HUMANIZER TO FIX THE ESSAY. I have reported a previous writer for using this method.

Please make sure grammar and flow is excellent. Make sure it makes sense, the english is excellent and there is no run on sentences.

I will be using GPTZero and other AI detectors to check.

Develop a six- to seven-page APA formatted paper with at least six to seven citations and references. Title page, references, and appendices are not included in the total page requirement. For each business plan segment, address the items provided. Note those items for which you may not yet have enough information and ignore those that do not apply to your business plan. Remember, you can revise any segment before submitting your complete business plan in Week 7. First, prepare income statement projections. Then, prepare cash flow projections and balance sheets. Next, prepare a narrative describing for the reader what the financial statements document. Do not force your readers to arrive at their own interpretation; tell them what the statements mean in terms of business performance. Make sure all the below requested financial statements are in the appendices.

Business Plan: Segment 11: Financial Plan

• Narrative Account of Financial Performance
• Income Statements
• Include three income statements reflecting the first three monthly statements as part of the first quarter: First Year: Monthly projections; Years Two and Three: Quarterly projections; Years Four and Five: Annual projections. For existing businesses include the actual annual income statements for the last three years.
• Balance Sheets:
• Include four balance sheets, one for each quarter of the first year.
• Cash Flow Projections
• Include three cash flow projections reflecting the first three monthly statements as part of the first quarter
• Quarterly statements for the remainder of the first year
• Years two through five, provide annual projections
• Appropriate Financial Ratios.
• Capital Requirements and Use of Funds