Comercio Exterior 1 Colegio Internacional Lope de Vega – 24th Nov 2015

Javier Izquierdo

YES PROJECT – ERASMUS +

FINANCIAL PLAN

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Financial Plan

FINANCIAL MANAGEMENT

COMPANY THAT ALREADY EXISTS

NEW COMPANY

BUSINESS PLAN

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Financial Plan

BUSINESS PLAN

Plan RRHH

Plan MK

Plan Operaciones

FINANCIAL PLAN

ETC.

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Financial Plan

FINANCIAL

MANAGEMENT

FINANCIAL PLAN

FINANCIAL

ACCOUNTING

MANAGEMENT OPERATIONS

ECONOMICAL & FINANCIAL

STUDY

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Financial Plan

I am sure

You will do yourself a lot of questions

about commercial, operations, human resources issues, etc.

BUT TODAY,

WE ARE TO MAKE

ALL QUESTIONS YOU CONSIDER

IN TERMS OF “FINANCING”

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Financial Plan

WITHOUT A “GOOD” FINANCING PLAN,

NO BUSINESS IDEA CAN BE SUCCESFULL

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Financial Plan

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Financial Plan

ECONOMICAL & FINANCIAL

STUDY

Viability

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Financial Plan

ECONOMICAL

Viability

FINANCIAL

Viability

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Financial Plan

ECONOMICAL Viability

The project is viable if it is able to generate

PROFITS

and provide an acceptable

RETURN

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Financial Plan

FINANCIAL Viability

The project is viable if we have not problems of

TREASURY

and it has a balanced financial structure, related to

DEBT

SOLVENCY

LIQUIDITY

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Financial Plan

FINANCIAL Viability SITUATION ANALYSIS

TARGETS

LIQUIDITY SOLVENCY DEBT

Info Reliability

Sector Company Management

Business Strategy

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Financial Plan

ANSWER

We need a

resounding yes

YES NOT

We don´t need a

doubtful yes

LET´S GO

GO ON

COME BACK

REVIEW

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Financial Plan

ENTREPRENEUR

PROFITABLE BUSINESS

START?

FINANCIAL PERFORMANCE

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Financial Plan

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Financial Plan

Let me know ……………

…………..

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Financial Plan

Are you able to answer

FOLLOWING QUESTIONS?

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Financial Plan

QUESTION 1?

What investment do you need to

start your project?

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Financial Plan

QUESTION 2?

How are we going

to finance

such needs?

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Financial Plan

QUESTION 3?

Do we have the warranty to get

the finance

we need?

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Financial Plan

QUESTION 4?

Can

we deal

with our debts?

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Financial Plan

QUESTION 5?

Can

we generate

Profits?

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Financial Plan

QUESTION 6?

What prospects of profitability in the short and medium

term have our project?

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Financial Plan

QUESTION 7?

What is the taxation

corresponds to my project?

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Financial Plan

Key concepts

financing needs financing

sources treasury

Profits (benefit) taxation

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Financial Plan

FIGURES

BE ACCURATE

BE HONESTY

WITH YOURSELF

BE CONSERVATIVE

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Financial Plan

DO NOT THINK !!!!!!!

ALICE IN WONDERLAND!!!!

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Financial Plan

INITIAL NEEDS

1. Equipment (machinery, furniture, computer equipment)

2. Transport & Tools

3. Stocks, Raw materials

4. Facilities: buildings, warehouses, stores

Resources and investment to finance your activity

ASSETS

1

1

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Financial Plan

HOW MANY MONEY DO I HAVE?

INPUTS? How can I finance it?

CAPITAL STOCK

2

Money (€, $) In kind

2

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Financial Plan

WHO FUNDS ME?

Common sources:

Banks

Suppliers,

others, etc.

Financing Sources

3

We have several and diverse Financing Sources

NET EQUITY 3

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Financial Plan

JUST GET “THE FINANCING”

And you know very well them

You just know

LIABILITIES

4

4

How many money do you debt?

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Financial Plan

JUST GET “THE FINANCING”

BALANCE

4

5

INITIAL INVESTMENT INITIAL FUNDING

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Financial Plan

JUST GET “THE FINANCING”

BALANCE

4

5

ASSETS (Activo)

LIABILITIES (Pasivo)

EQUITY (P. Neto)

WHERE DO WE GET THE RESOURCES

WHERE DO WE APPLY

THE RESOURCES

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Financial Plan

PROFITS

PROFIT & LOSS

5

6

A profit and loss statement (P&L) is a

financial statement that

summarizes the revenues, costs and expenses

incurred during a specific period of time, usually a

fiscal quarter or year.

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Financial Plan

PROFITS

PROFIT & LOSS

5

6

These records provide information about a

company's ability – or lack thereof – to

generate profit by

increasing revenue,

reducing costs, or both.

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Financial Plan

PROFITS

PROFIT & LOSS

5

6

The P&L statement is also referred to as

"statement of profit and loss",

•"income statement”,

•"statement of operations”,

•"statement of financial results”, and

•"income and expense statement."

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Financial Plan

PROFITABILITY 6 PROFITS

Result of activity

My business idea

It works???

Compare with competence

PROFITABILITY

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Financial Plan

PROFITABILITY 6 1. Amount in euro of Profit

2. Knowing the industry/sector

3. Make a good market survey

4. Evolution Business / Industry

It is a industry where you can

GET IT BACK profitability

before 1st year, during 1st, 2nd or 3rd one.

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Financial Plan

PROFITABILITY 6 If you do not generate PROFIT FIRST YEAR

IT DOES NOT MEAN THAT IT IS NOT PROFITABLE

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Financial Plan

PROFITABILITY 6

• A company that does not generate profit

UNTIL 3rd YEAR, CAN BE PROFITABLE

• A company generate benefits FOR 6

MONTHS, CAN NOT BE PROFITABLE

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Financial Plan

PROFITABILITY 6 IT S USUAL 3 YEARS FOR A COMPANY

ACTIVITY SECTOR

KIND OF COMPANY

OPERATING INCOME

EARNING BEFORE INTEREST AND TAX

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Financial Plan

TAXATION 7

NET INCOME

Different taxes regarding country laws

VAT, CORPORATION TAX, ETC