If you are expecting growth to occur in any area relevant to your business, explain it in this section of your business plan. Talk about internal things such as personnel, divisions, new products, research and development. This is also where you talk about external growth factors such as new markets, increased opportunity for sales, geographic spread and the like. Once again, list out each factor that contributes to your growth projection and describe why each factor justifies your claim of growth in the future.
When providing your financial projections, predict what your financial status will be for the next 1 to 4 years. Be sure that every financial report you included in your current financial condition section is represented in the financial projections section. In this section, you will include sales, income, debts and expenses as well. If you are operating in vastly different market areas, product lines or geographic areas and the like, consider having separate financial projections for each of these areas.
Once you complete this section, you will have a complete business plan. You will be able to use this plan to search for investors and lenders. It will also be useful for operating your business on a daily basis.