A 5-year financial plan is a plan for the future financial needs of a business or organization, which projects how much income and expenditure it will have. It is a systematic plan that supports the short-term and long-term strategic goals of an organization or company. A 5-year financial plan allows entrepreneurs to predict what will happen to their businesses over the next five years, by showing how much money they expect to make and spend. This tool is used in different areas of business, from finance units of large corporations to startups on the verge of bankruptcy. A 5-year financial plan is that it allows entrepreneurs to see whether the business will be profitable or not, which is especially important for businesses with limited resources. Create a professional 5-year financial plan using Venngage’s 5-year financial plan template. You don’t need to be a designer, have design experience, or download any design tools to customize this template. To begin, you must click the "Create" button to create a 5-year financial plan template. You may completely change anything you see in the