Financial Projections ($)/budget ECOFER Financial Projections ($)
Budget: $30 – $250 USD
What I think needs improvement is the budget
1- think you should show calculations for years 1 and 2, even if the income is zero, you want to know how the money is spent and how big the loss will be in those years.
2- By doing so, you have a more, in my opinion then, logical budget that spans from year 1 to 5 instead of 3 to 7.
Also, showing that you are making losses in the first few years shows that you are realistic...however, investors expect it to be worthwhile investing so the returns from year 3 to 5 should be very good.
3- As I mentioned last time, your projections need to become more ambitious than generating sales of just under $1.3M after 7 years on the market. Just your "total funding required" is almost as much! That is, for every kroner you put into the company today, you get the same kroner back after 7 years! Even worse, the $1.3M isn't even your profit - just your sales. If you look at what is actually left after all the expenses, you get even less. That is, for every kroner you invest in the company, you get less back 7 years later!
As this budget looks right now, it says I'm losing money. Over 7 years your Net Profit = -$189,010 (minus). Related to the rewarded investment, the RoI = -15%, ie for every dollar an investor invests in the company, it gets -$0.15 and that's after she waited 7 years! So this must be fixed since another freelancer didnt submit correct and i only need 1-5 years budget and to year 7 as in this file.
1- think you should show calculations for years 1 and 2, even if the income is zero, you want to know how the money is spent and how big the loss will be in those years.
2- By doing so, you have a more, in my opinion then, logical budget that spans from year 1 to 5 instead of 3 to 7.
Also, showing that you are making losses in the first few years shows that you are realistic...however, investors expect it to be worthwhile investing so the returns from year 3 to 5 should be very good.
3- As I mentioned last time, your projections need to become more ambitious than generating sales of just under $1.3M after 7 years on the market. Just your "total funding required" is almost as much! That is, for every kroner you put into the company today, you get the same kroner back after 7 years! Even worse, the $1.3M isn't even your profit - just your sales. If you look at what is actually left after all the expenses, you get even less. That is, for every kroner you invest in the company, you get less back 7 years later!
As this budget looks right now, it says I'm losing money. Over 7 years your Net Profit = -$189,010 (minus). Related to the rewarded investment, the RoI = -15%, ie for every dollar an investor invests in the company, it gets -$0.15 and that's after she waited 7 years! So this must be fixed since another freelancer didnt submit correct and i only need 1-5 years budget and to year 7 as in this file.