Need a business plan for existing company for recapitalization? If your company needs to bring in some outside capital to retire debt, or restructure an existing loan to capitalize on lower interest rates, the business plan you will need should show a minimum of three years of forwarding-looking financial statements -- five years if your primary audience is an investor with an equity stake or a VC group. Also, as an existing business, you should provide up to three years of past performance data in the business plan, which is essentially profit and loss statements and balance sheets for each of the past fiscal years. Also important in the plan:
• Describe what your business offers currently and any future services or parallel market opportunities
• Show the precise use of funds you envision and how much money the recap can free up for operations
• If you need to acquire a major piece of equipment or are seeking to take control of a competitor or something dramatic like that, provide a full description and accounting
The recapitalization business plan can be presented to a bank or to private investors depending on your funding needs, current ownership, and timeline. If you're relinquishing more shares for the capital, be sure to have a percentage in mind and have it match what your projections would support. The plan should make an honest assessment of your past performance and an assumptions-driven projection of your near future. Need help with thus sort of plan? MasterPlans has written for existing businesses in a wide range of industries. Our base of experience and our in-house writing team can deliver exceptional results, on time and to spec. Call to speak with a consultant today. (503) 226-4400
