The financing plan
The financing plan is important because it shows whether you have access to the resources you need to finance all your requirements. Both totals must be the same amount
Needs are what the company will need to get up and running. Depending on the activity, these needs may vary, but they may include: a vehicle, production equipment, furniture and investments to be made, etc.
Resources are the means at your disposal to finance your needs. Resources can be provided by the company (personal contributions, investors, subsidies, etc.) or borrowed (microcredit, bank loans, etc.).
“For my restaurant, I need to think about listing all the equipment I need (hobs, utensils, fridges, etc.). If I’m applying for financing, I’ll need to provide an estimate if possible.”