Entrepreneurship

In the process of developing a new business, the financial planning is the most crucial area that indicates the future viability and attractiveness. The Track Table must focus on developing financial statement to attract a number of investors and sources of loans (Pinson, p.4). In this process, for preparing the projected the financial statement, the sales estimation for the first two years have been forecasted based on the market and competitive analysis and projected demand. Primarily The Track Table will seek for the financial stability rather than profitability, and the major task in financial stability is to produce and sales products above the breakeven even points meeting its all expenses and financial duties. The projected financial statements for The Track Table include income