User Account

All Pages

Important elements of financial plan

Assignment Help Operation Management
Reference no: EM132735575

"One of the most important steps in launching a new business venture is fashioning a well-designed, practical, realistic financial plan." (Scarborough & Cornwall, 2015, p. 454).

With this assignment, you are creating two important elements of a financial plan: an Income Statement and Balance Sheet. You also are preparing an outline of a presentation of your business plan to potential investors or lenders.

Prepare a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan.

Outline a plan for hiring and retaining competent, motivated employees for your business.

Prepare an outline for a "pitch," i.e., a short 20-30 minute business plan presentation that will be made to lenders or investors.

Include at least two (2) references outside the textbook.

Reference no: EM132735575

Questions Cloud

What are five symbols that represent america : What are five symbols that represent America? Do they also represent other components of culture, such as material objects or values?
Six images proposes for change management : Analyze the six images of managing change presented in your text. Identify the key elements that each of the six images proposes for change management.
Description of the organization : Student provides a thorough and detailed description of the organization he/she selected and the decision this organization
Makes decision making easier or more challenging : Give your opinion on whether being an effective critical thinker makes decision making easier or more challenging.
Important elements of financial plan : You are creating two important elements of a financial plan: an Income Statement and Balance Sheet. You also are preparing an outline of a presentation
Succession plan and regulations : Develop a succession plan or exit strategy for a business. Within your response, be sure to discuss which elements are essential to this succession plan
Discussing the human socialization process : We are discussing the human socialization process and how it influences our psychosocial development.
What caused dramatic changes to american family : Families have changed greatly over the past 60 years, and they continue to become more diverse. What caused dramatic changes to the American family?
Reconcile the operating income reported : Reconcile the operating income reported under the two methods by listing the two key places where the income statements differ

Reviews

Write a Review

Operation Management Questions & Answers

  John maryland to help him develop strategy

Most importantly, what else do you need to know from John Maryland to help him develop a strategy?

  Summarize five major reasons for nurse turnover

Summarize five major reasons for nurse turnover and three proven strategies to improve retention.

  Find the optimal ordering schedule

Assume that holding costs are based on a 24 percent annual interest rate. Find the optimal ordering schedule.

  Violent protestors attacked members of the school board

Mitch is photographed attending a public school board meeting where violent protestors attacked members of the school board.

  Consider the alignment of competitive priorities

Consider the alignment of competitive priorities and productivity measures for company A and B:

  Olmstead decision affect provision of services

How did the US Supreme Court's Olmstead decision affect provision of services in an ICF/MR? Is an admission to an ICF/MR facility permanent? Why or why not? In your professional practice, you would much prefer always to act ethically. What type of su..

  Environments associated with organization strategic plan

Analyze the impact of the external and internal environments associated with an organization’s strategic plan.

  Enhance performance by developing and motivating talent

Describe how large organizations enhance performance by developing and motivating talent?

  Challenges to effective management processes

Write a one to two (1-2) page paper in which you discuss the single biggest challenge to effective management process and one (1) recommendation for addressing that challenge. Challenges to Effective Management Processes.

  Discuss why it is important for managers to optimize

Select two of the many capital structure concepts such as Modigliani and Miller, Pecking Order Theory, leverage, and so on.

  What is the maximum capacity of process b

Cooper's Copy Shop is considering two different processes for completing copying jobs brought in by customers. Process A uses one person to set up the job.

  What are the various types of defamation

What are the various types of defamation?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd