What are Your Expenses? Your start-up expenses include any equipment that you need before you can get up-and-running, while your day-to-day expenses are staff costs and supplies.
To finish it all off, you should include a breakdown of projected profit and loss per month for the first year of the business, in the form of a graph. You would work this out by working out a reasonable repayment of any one-off expenses and adding this repayment to the day-to-day expenses, before graphing day-to-day expenses against projected sales.Your business plan should show you making enough of a profit each month to live - if you doesn’t, then it will be considered unfeasible by anyone you show it to.
The best way to figure out the dos and don’ts of business plans is to find real ones - they’re out there on the Internet. Once you’ve seen a few, you can start to get some idea of how much work is going to be involved to write one of your own. Remember, until your business exists for real, the business plan is the only tool you have to show anyone how great it’s going to be.