Reference no: EM132650392

Prepare a financial plan for the company you select for your business plan, this should be a company that you start versus an existing publicly traded company. This financial plan will be included in your final business plan in your capstone course. Be creative and think about a franchise or business that you have always wanted to create.

Question 1: Describe the business that you would like to start, including the type of business (what industry, product offering, etc).

Question 2: Create the business case, which is your justification of why the business is needed in the market.

Question 3: Determine why funding is needed for the company.

Question 4: Determine the sources of funding. Considerself-funding, borrowing, equity, venture capital, etc.

Question 5: Evaluate the requirements of each funding source you determined appropriate.

Question 6: Analyze the associated risks of each funding source.

Question 7: Decide which sources are the best fit for your company based on the requirements of each. Justify your decision.

Question 8: Estimate the cost of capital for both short-term and long-term funding sources. Research current estimated APRs for your selected sources of funding. Consider creating a table or chart to display this information.

Question 9: Create a profit-and-loss statement for a 3-year period. Project revenue, stating realistic assumptions, such as growth per year, in your projections. You will have to develop these numbers and provide details.

Question 10: Estimate direct costs, including capital, marketing, labor, and supply costs, which should be included in your P&L statements for all 3 years.