“Bhopal Filing” is also known for assisting in raising funds. We understand that fundraising is a complicated process; however, it is a basic need of every startup. Fundraising can sometimes seem confusing, even scary for few entrepreneurs, however, you don’t have to worry, leave it on us. Our Finance experts team at “Bhopal Filing” will undertake preparation of your Project Report (Business Plan) as well as CMA report considering all RBI/Banking norms and normal Industry Standards. This will ensure that your business gets required working capital funds at the right time and without much hassles.
A business plan is a written document that describes in detail how a business, usually but not necessarily, a new one, is going to achieve its goals. It describes a new business, its products or services, how it will earn money, leadership and staffing, financing, operations model, and other details that are essential to both operation and success. While a business plan is required by anyone seeking funding, whether, from financial institutions or investors, it is recommended for all start-ups because it serves as the business roadmap.
CMA Report stands for Credit Monitoring Arrangement report. In this, past, present and projected figures are put in a defined format (prescribed by RBI) with all the required financial analysis and ratios. This helps Bankers and Financial Analysts to ascertain the financial health of a business. All Bankers request all loan applicants to prepare and present a realistic CMA report to understand the flow and application of funds in a business. Since CMA report is prepared based on various assumptions, it is very imperative that the assumptions used are realistic and viable.