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Published on Mar 28, 2017
Financial planning is a crucial part of business planning. Although many people find it daunting, it’s actually much easier than you think!
In this video you will learn: 1. What a financial plan is and why it is important 2. How to calculate your start-up budget 3. How to estimate your income and expenditure 4. How to calculate gross and net profit
This video is particularly aimed at schools taking part on the Bronze and Silver Levels of the School Enterprise Challenge that are starting to learn about financial planning.
It will help you to complete the template for Step 2: Business Plan.