Golf Professional

MVT
MVT Registered Posts: 41 💫 🐯 💫
in General accounting discussion
Hi All,

My Partner (golf professional) is applying for a business loan as he wants to start up his own golfing academy/shop. The bank have asked for a business plan which is fine but with regards to the accounts what type of information would be required? Would a set of management accounts be included?

Thank you in advance.

M

Comments

  • PGM
    PGM Registered Posts: 1,954
    Accounts at this stage?

    I wouldn't think they'd need that, just a detailed business plan of capital needed and where its coming from, and also a cashflow for the next 12 months or more?

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