5. Management team

 Management Equity

In this section of the business plan you should discuss the percentage ownership of the business among the owners of the business. For example:

 Mr. Doe will own 100% of the Dry Cleaner.

 Board of Directors

 When applying for business financing, the bank will also want to know who serves as the board of directors. For small businesses, usually the owner serves as the director of the business. An example of how this is worded:

 Mr. Doe will be the sole director of Dry Cleaner, Inc.

6. Financial plan

Beyond any other part of your business loan application or business plan, the financials section of these documents are what matters most when applying for a business loan or any other type of credit facility. Ultimately, this section of the business plan showcases not only what your anticipated profitability will be, but also how you intend to repay the funds that you have borrowed through your business financing facility. An example of how this section is structure is as follows:

 Assumptions

 Dry Cleaner, Inc. will have an average annual growth rate of 10% per year. Mr. Doe will acquire 0,000 through a business loan in order to launch the operations of the business.

 Proforma Financials for a Business Loan

 Now it is time to showcase how you intend to repay your loan, generate a profit, and increase the book value of your business over a three to five year period. BusinessPlansForLoan.com has developed an easy to use financial model that you can use when drafting out the financial model for your business plan and business loan application. Through your business loan application, you will be required to have the following:

 Profit and Loss Statement for your Dry Cleaner.

Cash Flow Analysis for the Dry Cleaner.

Balance Sheet for the Dry Cleaner.

Business Loan Amortization Tables

14. Write the business plan of your own dry-cleaning business. Grammar spot

Conditionals (II, III)

Type 2 unreal (present)	if + past simple or past continuous	would/could/might + bare infinitive	imaginary situation contrary to facts in the present; also used to give advice
	If 1 had free time, I would join a gym. BUT: I don’t have free time, (untrue in the present) (advice) If I were rich. I’d buy a mansion. BUT: I’m not rich, (untrue in the present)
Type 3 unreal (past)	if + past perfect	would/could/might + have +past participle	a condition in the past that did not happen
	If I had found her address, I would have sent her an invitation. (Sometime in the past, I wanted to send an invitation to a friend. I didn't find her address, however. So in the end I didn't send her an invitation.) If John had had the money, he would have bought a Ferrari. (I knew John very well and I know that he never had much money, but he loved Ferraris. He would have loved to own a Ferrari, but he never had the money to buy one.)

We can use were instead of was for all persons in the if-clause of Type 2 conditionals.

If Sandy was/were here, we could play a card game.

15. Choose the right variant.

1. If people were a little more tolerant ...

   1. our world would have been a better place.

   2. our world would be a better place.

   3. our world will be a better place.

2. If my father had locked his car properly ...

   1. his car would never have been stolen.

   2. his car will not be stolen.

   3. his car would not be stolen.

3. If the ozone layer peels off a little more we ...

   1. we ran a much higher risk of attracting skin cancer.

   2. would run a much higher risk of attracting skin cancer.

   3. will run a much higher risk of attracting skin cancer.

4. I would never feel comfortable on a plane if ...

   1. I know it's the pilot's maiden trip.

   2. I knew it's the pilot's maiden trip.

   3. I would know that it's the pilot's maiden trip.

5. A dog will never bite you if ...

   1. you will look it straight in the eyes, I'm told.

   2. you look it straight in the eyes, I'm told.

   3. you looked it straight in the eyes, I'm told.

6. The first thing I will do is drive to Spain if ...

   1. I would get my driving licence.

   2. I got my driving licence.

   3. I get my driving licence.

7. If John hadn't responded in such an aggressive manner he ...

   1. would never have a black eye.

   2. won't have a black eye.

   3. would never have had a black eye.

16. Choose the right variant.

1. What would you do if it­­­­________on your wedding day?

2. If she comes I________call you.

3. If I eat peanut butter I________sick.

4. What will you do if you________the history exam?

5. If they had not________the car I would have driven you.

6. If it snows________still drive to the coast?

7. He would have________with you if you had asked him.

8. If I won a million dollars I________my own airplane.

9. If I forget her birthday Andrea ________upset.

10. Jacob will pick you up at school if it