Business plans and projections
Do you have a business plan? How often is it reviewed? Is it part of your good management housekeeping or is it targeted towards
a specific transaction (e.g. a fund-raising or merger)?
Does the plan set out fully and clearly your business strategy, objectives and associated risks? Does it assess the strengths and weaknesses of your business and identify any opportunities or threats?
Do you and your fellow managers understand the difference between making a profit and generating cash? Do your business projections reconcile this difference and link cash flow and profit and loss to a projected balance sheet?
Are all appropriate assumptions explained? Are they realistic and do you prepare sufficient alternative scenarios and sensitivities to allow for the unexpected and to reflect adequately current economic uncertainties?
Do you have a business plan? How often is it reviewed? Is it part of your good management housekeeping or is it targeted towards
a specific transaction (e.g. a fund-raising or merger)?
Does the plan set out fully and clearly your business strategy, objectives and associated risks? Does it assess the strengths and weaknesses of your business and identify any opportunities or threats?
Do you and your fellow managers understand the difference between making a profit and generating cash? Do your business projections reconcile this difference and link cash flow and profit and loss to a projected balance sheet?
Are all appropriate assumptions explained? Are they realistic and do you prepare sufficient alternative scenarios and sensitivities to allow for the unexpected and to reflect adequately current economic uncertainties?
