Business Plans and Forecasted Financials

Strategic Financial Vision: Elevate Your Business with Expert Business Plans and Financial Forecasts.

Why are business plans important to my business?

In today’s dynamic business landscape, a strategic roadmap is essential. Our business plans provide clarity and serve as dynamic tools to guide decision-making and capitalize on opportunities.

Business Planing: Working Desk

Guiding Decisions:

Our commitment is to empower your business with foresight. Our business plans act as strategic playbooks, ensuring informed decisions aligned with your objectives.

Attracting Investors:

Beyond internal guidance, a compelling business plan is a powerful tool for attracting investors. We specialize in crafting plans that captivate potential investors, fostering strategic partnerships and financial backing.

Facilitating Bank Financing:

By presenting a clear and comprehensive picture of your business's financial health and growth potential, we enhance your eligibility and credibility when seeking financing from financial institutions.

TMP crafted Business Plans include

Our Forecasted Statement will Contain:

When choosing a business plan service provider, consider

Experience

Look for industry-specific expertise.

Customization

Opt for tailored business plans.

Reviews

Check client testimonials for reliability.

Transparent Process

Ensure a clear and collaborative process.

Financial Forecasting

Verify proficiency in financial projections.

Funding Alignment

Confirm understanding of funding requirements.

Communication

Prioritize effective and clear communication.

Post-Plan Support

Inquire about availability for revisions and updates.

Technological Capabilities

Check for modern collaboration tools.

Accessibility

Choose an accessible and available provider.

Past Success Cases:

  • Industry- Machinery and Manufacturing
  • Goal- Raise funds for Capital Equipemnt
  • Service- Created Forecasted Financial Statements
  • Results- Secured $350,000 loan from BDC
  • Industry- Restaurant and Entertainment
  • Goal- Raise funds for renovations and equipment
  • Service- Drafted Business plan and Forecasted Financial Statements
  • Results- Secured $500,000 loan from RBC
  • Industry- Gas Station
  • Goal- Sell 40% of business to new investors
  • Service- Drafted Financial model, Business plan and Forecasted Financial Statements
  • Results- Secured $1,500,000 loan from RBC
  • Industry- SaaS developer
  • Goal- Raise capital
  • Service- Drafted Financial model, Business plan and Forecasted Financial Statements
  • Results- Secured $75,000,000 in investments

Why Us

Financial Education

We prioritize educating our clients, equipping them with the knowledge to make sound financial decisions for their future success.

Seasoned Experts

Our experienced team offers deep expertise, ensuring reliable and comprehensive solutions for all accounting and tax needs.​

Personalized Solutions

Tailoring our services to each client's unique circumstances, we deliver customized solutions that address specific goals and challenges effectively.​

Modern Approach

Embracing cutting-edge technologies and innovative methods, we provide efficient and forward-thinking accounting and tax services to meet the demands of today's business landscape.​

FAQ

Financial projections are crucial in a Canadian business plan because they provide a roadmap for your business’s financial success. They help stakeholders, including investors and lenders, understand your business’s growth potential, profitability, and sustainability.

To create accurate financial forecasts, gather historical financial data (if available), conduct market research, and use realistic assumptions. Utilize accounting software or seek professional help to ensure accuracy in your projections. For new businesses it is best to use industry averages, anticipate unique elements of your business and make reliztic assumptions.

   The key financial statements to include are the 

  • Projected monthly and annual Income Statements (Profit and Loss Statement)
  • Opening Balance Sheet
  • Projected monthly Cash Flow Statement

Calculate your funding requirements by estimating your startup costs, operating expenses, and working capital needs. Be thorough and include a buffer for unexpected expenses. Always maintain at least 6 months of cashflow needs in your plans.

Common financial metrics and KPIs to include are Gross Margin, Net Profit Margin, Return on Investment (ROI), and Breakeven Point. These metrics provide insights into your business’s financial performance.

Cash flow is the actual money moving in and out of your business, while profit is the difference between revenue and expenses. Positive cash flow is vital for business sustainability.

When projecting revenue, be conservative in your estimates. For expenses, account for number of customer you anticipate to attract, how you determined that figure and how much each customer will pay on average for the goods and services offered.

Acknowledge and address risks and uncertainties in your business plan. Describe contingency plans and mitigation strategies to reassure investors and lenders.

Include documents like financial statements, market research data, and industry benchmarks to support your financial projections and increase their credibility.

Emphasize long-term financial goals, such as growth and profitability, and demonstrate how your business will adapt to changing market conditions. Use financial projections to illustrate sustainability.

Make the financial section clear, concise, and visually appealing. Highlight key financial metrics and provide a narrative that explains the assumptions behind your projections.

Be cautious with revenue growth assumptions and expense estimates. Use multiple scenarios, including worst-case and best-case, to demonstrate a range of possible outcomes.

Regularly update your financial projections, at least annually, or whenever a significant change occurs in your business, such as entering a new market, launching a new product, or facing economic shifts. Keeping your plan current is crucial for making informed decisions.

How much does TMP charge for a Business Plan?

Basic

Financial projections- Opening balance sheet, 3 YRS P&L annually, 2year monthl P&L and Cashflow

$1,500 +HST

Expert

Business plan write up, and Financial projections- Opening balance sheet, 3 YRS P&L annually, 2year monthl P&L and Cashflow

$4,000 +HST

Premium

Business plan write up, and Financial projections- Opening balance sheet, 3 YRS P&L annually, 2year monthl P&L and Cashflow, KPI calculations and graphics

$6,500 +HST

Custom

Please book a call with one of our senior staff to provide a specialized quote.

$1,500 +HST

Next Steps

Step 1

Please fill in this questionnaire

Step 2

Schedule a consultation with one of our CPAs to receive a final quote and a checklist of the required data.

Step 3

Upload requested data onto cloud folder shared

Let’s collaborate!

Have a question, an idea, or just want to learn more about Triple M Professional Corp.? We’re all ears. Fill out the form or Email us and we’ll connect with you soon.

Markham Office
905-237-6424
675 Cochrane Dr East Tower 6th Floor, Markham, ON, L3R 0B6
Toronto Bay Street Office
416-333-1116
401 Bay Street, 16th Floor Toronto, ON, M5H 2Y4
San Francisco Office
415-366-5667
590 California Street 16th Floor, San Francisco, CA 94104
New York Office
212-651-9101
555 Madison Ave 5th Floor Manhattan,
NY 10022
Toronto King Street West Office
416-333-1116
100 King Street West, Suite 5600, Toronto, ON, M5X 1C9
Markham Office
905-237-6424
675 Cochrane Dr East Tower 6th Floor, Markham, ON, L3R 0B6
Toronto Bay Street Office
416-333-1116
401 Bay Street, 16th Floor Toronto, ON, M5H 2Y4
San Francisco Office
415-366-5667
590 California Street 16th Floor, San Francisco, CA 94104
New York Office
212-651-9101
555 Madison Ave 5th Floor Manhattan,
NY 10022
Toronto King Street West Office
416-333-1116
100 King Street West, Suite 5600, Toronto, ON, M5X 1C9

Customization

Opt for tailored business plans.