I spent yesterday working on the business plan for The Technical Management Institute. It’s mostly there (like 20 pages worth), except for the financials. Even though we are not looking for financing, I think it makes sense to put a couple of days into building projected: balance sheets, income statements, cash flow statements, and a break-even analysis. A call to a good friend of mine at FactSet got me some good pointers and information about what to include. Then this page at SCORE set me up with templates for doing all of these documents. Life is good.

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