Chapter 08 - Conducting a Feasibility Study - Part 2

If you have any thoughts or questions about this chapter, please share them here.

Financial Analysis Section of the Business Plan

I've been reading over some sample business plans and I'm still a bit confused about how detailed our financial statements should be.

I know that most business plans breaks down their Cash Flow Statement into months for the first year as it is the most important section for investors.  

However, for the Balance Sheet and Income Statement, some business plans breaks it down into months for the 1st year and others do not.  They just show the B/S and the I/S in an annual format. Is it a "must" that we break down the B/S & the I/S into months for the 1st year of business?

Thanks,

Christine