The aim of Process Steet’s Financial Plan Template is to help you produce a financial plan for your small business, to prevent business failure, and to enable you to actively plan ahead. The above are failings which can be avoided with an effective financial plan. Process Steet’s Financial Plan Template has condensed the process of creating a financial plan into the following tasks:Īs mentioned before in the Financial Planning Process, 78% of small businesses fail due to the lack of a well-developed business plan, 77% fail due to incorrect pricing, and 79% fail due to starting out with too little money. Once the financial planning process has been completed, the financial plan template can begin, utilizing the information obtained from the financial planning process. The financial plan template should be used in conjugation with Process Steet’s financial planning process. Process Steet’s Financial Plan Template is a guide to aid you through the process of producing a financial plan for your small business.
