Details:
This is a Collaborative Learning Community (CLC) assignment.
Write the Financial Plan for your organization (a minimum of 500 words). Create the accompanying spreadsheet(s) and address the following in your plan:
- Using Excel, create a three-year pro forma income statement for your organization (or product/service). Review the resources in the topic materials for additional information.
- Calculate your financial break-even point: BEP= Fixed Costs/ (unit price – variable unit costs).
- Identify possible sources for investment capital if required (friends, family, banks, USSBA, etc.).
- Explain how you will use financial information to help you craft your business strategy.
- Identify the key financial ratios you will use to measure the performance of your organization to determine success.
This is a Collaborative Learning
Community (CLC) assignment.
Write the Financial Plan
for your organization (500-750 words). Create the accompanying spreadsheet(s)
and address the following in your plan:
1.
Using
Excel,create a three-year Pro Forma income statement for your organization (or
product/service). Review the resources in the topic materials for additional
information.
2.
Calculate
your financial break-even point.
BEP= Fixed Costs/ (unit price –
variable unit costs)
3.
Identify
possible sources for investment capital if required (friends, family, banks,
USSBA, etc.).
4.
Explain
how you will use financial information to help you craft your business
strategy.
5.
Identify
the key financial ratiosyou will use to measure the performance of your organization
to determine success.
