Create an excel spreadsheet to display each category

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Reference no: EM133848029

Homework: Entrepreneurial Business Plan

I. Entrepreneurial Business Plan: The purpose of this homework is to determine the startup cost of the firm, discuss new funding sources for the firm and a discussion of key financial and accounting ratios. To do this, students will integrate lessons learned from the course reading homeworks, conduct outside research, and apply their critical thinking skills to properly estimate the various costs needed to start their firm.

II. General Guidelines:

i. Your paper should meet all APA (6th Ed.) writing standards.

ii. The Change Matrix must be placed immediately following the Title Page.

iii. Instructor's feedback, recommendations, and corrections must be addressed and detailed on the change matrix page.

iv. Include a faith integration component - The faith integration component should be present throughout your business plan (e.g., not just a paragraph or mention of faith at the end of each section). In other words, how does your faith or world view influence your firm?

III. Specific to this component:

i. Conduct outside research to determine startup cost for their firm.

ii. Create an Excel spreadsheet to display each category and the estimated first-year cost.

iii. Copy and paste the spreadsheet into the Entrepreneurial Business Plan

iv. Provide an in-depth review of two leading sources for new business funding.

o Students should also discuss their option that is best-suited for their firm

v. Using your firm's financial data, provide a discussion of the firm's profit margin, break-even points (include a break-even graph), and the industries profit margin.

Reference no: EM133848029

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