Read the article: “Know Your Numbers” uploaded in a separate file.


Read the guide: “How to Write the Financial Section of a Business Plan” found here:


Answer the following questions:


  1. What 7 Numbers do You Need to Know When Pitching to an Investor?


  1. Is a business plan the same as a comprehensive accounting statement? Why or why not?


  1. What is the most important reason to compile a financial forecast?


  1. What is the value of including a business financial history as part of the financial section of a business plan? For whom is this information meant?