Tag: finance

LaMar van Dusen – What Is a Financial Plan

LaMar van Dusen – What Is a Financial Plan

Lamar Van dusen : The financial plan is the quantitative and encrypted part of the business plan. Far from being a mere administrative formality, the financial plan is a legal obligation on any company on its incorporation.

In case of bankruptcy of the company in its first three years of life, may be requested by the Judge. If the capital of the company is considered manifestly inadequate to ensure its viability in the first three financial years, the responsibility of the founders can be initiated.

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