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Business plan projected income statement

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What Is a Projected Balance Sheet & Income Statement?

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Financial Statements for Business Plans and Startup

One of the most dynamic and fastest growing sectors in the Philippines is the information technology — business process outsourcing IT-BPO industry. The industry is composed of eight sub-sectors, namely, knowledge process outsourcing and back offices, animation, call centers , software development, game development, engineering design, and medical transcription. This Act provided lower area requirements for developments and tax incentives, which consequently attracted foreign investors. In , SYKES opened its doors in the Philippines, becoming the first multinational call center to operate in the country.
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Financial Projections Template

The importance of cash flow statement is that it is used to measure the cash position of the business i. Cash Flow Statement importance is that it measures the cash inflows or cash outflows during the given period of time. Such details of the cash position of the company can not only help the company or the financial analyst to plan for the short term or long term but also in analyzing the optimum level of cash and working capital needed in the company.
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