Describe the organizations current business model

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Reference no: EM132779469

Assignment: The Organization I have chosen is the MAYO CLINIC, the program we will be adding is Healthcare Literacy and Advocacy Center.

Create a 3- to 5-year financial plan to implement the goals and objectives created in Part 2 of your strategic plan. The deliverables for the financial plan include a projected budget created in Microsoft® Excel® and a report in Microsoft® Word that clarifies and explains the financial plan.

Section One: Projected Budget

Create a projected budget.

• The projected budget should be a Microsoft Excel spreadsheet that contains a 3- to 5-year financial projection that includes detailed expenditures, income, contingency, gain or loss, capital outlay, and ROI (if applicable).

Include budget strategies to increase volume and budget assumptions.

Section Two: Financial Plan Explanation

Write a 1,050- to 1,400-word narrative discussing the fiscal details of the plan and the assumptions that were used in developing the projected budget.

• Include all the elements required in the projected budget.

• Include capital expenditure planning and contingency plans for unexpected events.

• Budget summary: When explaining your budget:

• Describe the organization's current business model.

• Evaluate the impact of internal resources and financial capabilities on the business model implementation.

• Determine how the organization's internal resources and financial capabilities affect your financial plan.

• Determine how they will affect implementation of the plan.

• Explain the details of the budget assumptions and the strategies to increase volume.

Cite at least 4 peer-reviewed, scholarly, or similar resources to support your information.

Format your paper according to APA guidelines. This includes an introduction, conclusion and reference page.

Reference no: EM132779469

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