Developing a Successful Business Plan: Part 5

by Noah Parsons on November 22, 2006

Here’s part 5 in our series on creating a successful business plan hosted by Tim Berry. In Part 5, Tim focuses on the business plan financials. He reviews profit and loss, cash flow, and the balance sheet. Most importantly, Tim provides details on the differences between profits and cash flow.

About Noah Parsons

Before joining Palo Alto Software, Noah Parsons was an early Internet marketing expert in the Silicon Valley. He joined Yahoo! in 1996 as one of its first 101 employees and become Producer of the Yahoo! Employment property as part of the Yahoo! Classifieds team before leaving to serve as Director of Production at Epinions.com. He is a graduate of Princeton University. Noah devotes most of his free time to his three young sons. In the winter you'll find him giving them lessons on the ski slopes, and in summer they're usually involved in a variety of outdoor pursuits. Noah is currently the COO at Palo Alto Software.