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Section A: Knowledge Activity
Objective: To provide you with an opportunity to show you have the required knowledge for this unit.
Assume you are a sole business owner.• In this regard you can choose any name for your business.• In this assessment you are required to make a 5-year business plan for your business.• You are given an excel template consisting of core financial, balance sheet, income statement and cashflow statement of the company.• You can make any assumption, but you must put them into assumption tab.• In the first tab you have your core financial data where you have your 4 products and their characteristics.• Feel free to make any assumption in this regard but make sure you have put them into the assumption tab.• Based on these assumptions you will create your forecasted business plan using the template.• At the end please submit or send the template to tour trainer.• A sample solution of the assessment is attached with the excel file.
Answering these assessments activities will fulfil the following objectives
1. explain the principles of accounting, financial statements and cash flow2. clarify best-practice communication processes and methods3. summarise compliance requirements, including relevant legislative responsibilities4. explain the cost of capital, capital structure and working capital5. identify finance and investment decisions6. describe the goal of financial resource management7. describe the principles of finance relevant to the organisation's operations8. explain risk and return.
Attachment:- PROJECT ANALYSIS WORKSHEET.rar
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