Develop a budget that captures all the non-recurring (one-time / capital) expenses to get your venture up and running.

Develop pessimistic, optimistic, and realistic sales projections for your venture over three years (at six month intervals).  &  Develop a detailed income statement for your venture for three years (at six month intervals). Explicitly state the assumptions that underlie your financial model.     

At our current stage of the project, creating detailed sales projections and income statements spanning three years with six-month intervals poses a challenge. As we are still in the early phases of development and implementation, our focus is primarily on laying the groundwork for the project, refining our product, and establishing partnerships and collaborations. We are actively engaged in conducting fieldwork, gathering data, and iterating on our approach based on feedback and insights gained from stakeholders and pilot studies. Given the dynamic and evolving nature of the project, attempting to forecast sales and revenue with a high degree of accuracy over a multi-year period would be speculative and potentially misleading. Instead, our priority is on building a strong foundation, validating our assumptions, and demonstrating the value and feasibility of our solution before embarking on detailed financial projections. As we progress and achieve key milestones, we will be better positioned to develop more robust financial models that accurately reflect the growth and scalability of our venture.