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what is included in the financial projections as part of a business plan well the financial projections generally consist of multiple financial statements number one the income statement or profit and loss statement the balance sheet and the statement of cash flow in reality however the primary financial statement when it comes to Startup Ventures new businesses are your projections with regard to the income statement that generally is everything the balance sheet and the statement of cash flow generally are far less important during the planning process so with that being said were going to take a specific look at the income statement and what is included in there as part of creating Financial projections what to begin with youre going to need to make a lot of assumptions generally those assumptions are related to your sales and the price that youre going to charge for your sales that is the hourly rate for services or the profit margin you include for goods based upon for every do
