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Social Business Plan Element: Financial Projections

Financial Planning includes detailed financial projections, assumptions, start-up

costs, capital requirements, and how these will be funded, alongside quantifiable

financial and mission goals. It includes projections for revenue and expenses for at

least three years with a summary narrative of the key assumptions.

Develop comprehensive financial projections with clear assumptions that reflect

both the social and business aspects of your enterprise. Account for all potential

costs and seek diverse funding sources, including grants and debt financing if

necessary. Plan for financial sustainability without compromising your social

objectives. Include measurable goals to track progress and success accurately.