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Loans and profit analysis question...

markomongo · 2009-09-03 01:49:46

I am currently writing up a business plan with intentions to present it to the bank to aid my request of a small business loan to help get me started. I have done some research and some banks have online business plan ideas that recommend including cash flow projections as well as an accurate break even analysis. I was…

03-09-2009 1:49am

#1

markomongo

Closed Accounts Posts: 153 ✭✭

Join Date: October 2008

Posts: 137

I am currently writing up a business plan with intentions to present it to the bank to aid my request of a small business loan to help get me started.
I have done some research and some banks have online business plan ideas that recommend including cash flow projections as well as an accurate break even analysis.
I was just wondering if these are a MUST and would anyone have any advice on how to predict such figures with no information available on sales for the sector?
I also had a meeting with a Bank Of Ireland manager yesterday on general issues but a friend who has his own small business recommended AIB for business loans. Would experienced entreprenuers here agree?

Any help would be greatly appreciated!

Regards,
Mark

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