bmgt255 Entrepreneurship
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Indicate any money your business will borrow. Include the lenders, interest rates, repayment terms, and any collateral required. You can estimate this amount in a first draft, then revise it after the balance sheet, and once more after the cash flow is calculated. Balance Sheet • Prepare a balance sheet with projected amounts for the opening day, year 1 end, year 2 end, and year 3 end. Keep the categories the same so that you are comparing the same details year over year.
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