Summarize your Operating Expenses for Years One, Two and Three. These are the expenses that will be incurred regardless of whether you make any sales.
Action
To complete this step you will first need to complete your Cash Flow Forecast, then:
- Enter the totals for all three years into the following table.
- Check each expense thoroughly to make sure it is accurate and neither over nor underestimated.
- If changes are needed, go back to the Cash Flow Worksheet and enter them there.
Note: If you have completed the Cash Flow Forecast (see Step 59), you already have the Operating Expenses for all three years.