Does the plan include a one-page executive summary, and was it written first or last?
This page could be the most important portion of the bank presentation. The banker may not read the entire document until he or she receives an overall impression regarding where the request for funding is headed. As a result, the banker may only read the executive summary and review the historical financials and projections. If he or she is not convinced by that point, the process may end there, so make sure the executive summary is written first as opposed to last. The summary should contain information regarding the key aspects of the detailed plan. 4. Are projected income statements and balance sheets included? If so, are the statements interlinked and tied together? A big mistake has been made if the projected profit and loss statements do not tie to the projected balance sheets. A company can make a profit but go broke as it runs out of cash. This can occur in two ways. The first way is if an expanding companys sales are increasing, but receivable days collected and payable days
