If you are seeking capital from investors or financing from a bank, it is likely that they will request financial projections over a three to five-year period. Such projections will ideally be prepared based on the historical performance of your sandwich shop. If no such prior operating history exists, the financials of similar sandwich shops will be used as a comparison to form assumptions about your future financial performance. Be careful when selecting what shops to use as a comparison, as several may have a different business model that will skew their comparability. A well composed financial model will also assist your company to plan its future decisions based on the expense budget, pricing, and break-even level that it must maintain. It is always wise to have financial controls in place which will establish how the company will manage its cash flows, especially if it intends to acquire a line of credit from a bank, which will review its ability to pay back the debt.