A finance plan is the best indicator of a producer’s financial I.Q. -- it helps you see the forest through the trees. If you're financing your project with something other than friends' and family's money, or for less than a million bucks, then you can probably go without one. For anything beyond that, you're going to need one, and if it doesn't look like this... ...then you don't have a finance plan.
Somebody in Springfield must follow my blog, because it appears they're going to update the film incentive to include non-resident cast.