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[Music] developing the financial projections for your startup may seem a daunting task after all how can you know what type of revenue and costs your business will encounter in its first year of operation let alone the first five years putting the projections in the plan and presenting it to funders also seems so final as of saying you promised stand by these numbers how can this be the case when you feel extremely uncertain about the projections in this video we are going to share six major components of financial projections for startup one financial goals and objectives every startup owner wants to make as money as possible from those startup but how much money do you really need what are the financial goals you want to achieve with your business you need to write all of your financial goals and objectives in your financial projection to income tax planning ignoring tax planning is very common among many small business owners it is not an optional process so be sure you are on the