Day Spa Business Plan

My Business Venture is the Day Spa and my financial plan is to initiate, maintain, and improve the factors that will increase and stabilize my cash flow. My business will implement effective cost management to increase the business net worth in the first year and in the foreseeable future. The paper presents the pro-formal balance sheet based on some important assumptions.

My financial plan depends on some important assumptions listed as follows:

The plan assumes that the U.S. economy will continue to improve and the economy will not slide back into a major recession.

It is also assumed that the tax rates and interest rates will be based on the conservative rate.

The current average interest rate will be 6% and the long-term interest rate will be 5.25%.

It is also assumed that the tax rate will be 34%

The venture will achieve a success by...
[ View Full Essay]