The importance of a business plan and financial projections

Financial planning is essential to building a successful business. Your business plan dictates how you plan to do business. This includes an assessment of the business environment, your goals, resources needed to reach these goals, team and resource budgets and highlights any risks you might face. Our experienced team can assist you with the various elements of business planning and forecasting.


Contents of a Business Plan


How we can assist you with your business planning

Business Plan

A business plan is a document that contains the operational and financial plan of a business, and details how its
objectives will be achieved. It serves as a road map for the business and can be used when pitching investors or financial institutions for debt or equity financing. Our team can advise on and assist with the different sections of your business plan.


Financial Projections

The financial plan is an important section of the business plan and should demonstrate the business is viable
and will return enough revenues to be able to meet its financial obligations and meet the profit objectives of the
company. Some of the information contained in the financial plan includes a projected profit and loss statement,
balance sheet, and cash flow.

Financial projections may be required for short term cashflow forecasting or as part of corporate transactions. Our team can assist with preparing and analysing various types of financial projections
and modelling.


Scenario Planning

Scenario analysis is a process of examining and evaluating possible events or scenarios that could take place in the future and predicting the various possible outcomes. These scenarios can be applied to the financial projections to
estimate changes in value or cashflow.


Get in touch

Robin Denissen-McIntosh

Robin Denissen-McIntosh

I am an ACCA qualified accountant and work as a Manager in the Corporate Finance team covering our Aberdeen & Dundee offices. I joined Henderson Loggie in February 2020, after spending several years as a…