Almost incorporated – start-up on it’s way
December 6, 2007
Just a little note to remember my accountant just sent the adapted financial plan to the notary public, a necessary first step to get your business registered and set up down here. Never knew financial plans could make you happy.
As a funny note: I only made a financial plan for the first two years.
For some reasons, the accountant made a three year financial plan.
When I asked her how she had calculated revenue for the third year, she said she’d just figured out my annual growth rate seemed to be 50%. To make it a bit more real, she thought she’d bring it down to 30% for the thrid year.
What a difference with my previous year when you’d be in trouble when there was no 30% growth. A quarter….
Glad to have a put down from the real world.
Anyway, I’m glad we’re up for the next step.