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The financial section of a business plan is crucial as it addresses the monetary needs of the startup phase. It should outline how much funding will be required, the sources of this funding, and include a capital requirements plan covering long, medium, and short-term investments, as well as initial setup and running costs. Additionally, it should provide a three-year forecast of expected revenue and costs, demonstrating anticipated profits. This forecast must be realistic and undergo plausibility checks. Furthermore, effective financial planning includes a liquidity plan, which ensures the company has enough resources, reserves, or credit facilities to meet its financial obligations.