Thinking about a new business?
You need to prepare a business plan, which is a major undertaking. Before
investing in a full business plan, use this simple tool to prepare a
Preliminary Feasibility and Breakeven Analysis.
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Our Wizard will prompt you for information about your personal resources,
the start up costs of your proposed venture, the ongoing operating costs of
your venture and your expectations for sales and collections. The result
will be:
- Projection of Monthly Cash Flow for 24 months
- Calculation of the Number of Months Required to Reach Breakeven
- Amount of Cash Shortfall Expected Until Breakeven
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Amount of Capital Needed to Fund the Proposed Venture
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This quick analysis will help you assess the viability of your plan before
getting into a more in depth modeling project and will get you starting
thinking about the sorts of information you will need to prepare that plan.
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