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Updated over 7 years ago on . Most recent reply

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Sandy DeKoubia
  • Westchester, NY
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Almost done with my business plan

Sandy DeKoubia
  • Westchester, NY
Posted

Hey BP community. I have a question about what financial information to include in a real estate business plan if I have not yet started any deals or projects. I currently have listed: an asset and liabilities statement, but struggling to justify what other financial information is needed.

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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

Don't confuse your plan and your financial statement.  Your financial statement is generated as a result of where you are at any time in your plan.  Your plan is the path you will take to get to your goals.

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