Reference no: EM133305899 , Length: 5 pages
Analysis of Chocolate Shop
You are about to discuss your Excel Financial Model with your client, Suzie, who hopes to soon open her Chocolate Shop manufacturing tasty morsels. Along with her Financials (you previously submitted for her review) you were asked to prepare a report outlining/explaining your Top Three Areas of Concern and your Recommendations about her planned business. This report is TO HER so word it appropriately.
For each of the three concerns, you are to propose a recommendation on what she should do. Ensure you have detailed your explanation of why each is a concern and the impact of each of your recommendations. Using numbers to show the amounts involved is needed to earn full marks. The combined impact of the three is not a requirement. Each can be examined individually.
Please assume this is non-Covid times.
* Remember, that if you suggest she do something that there may be additional costs that you will need to estimate. State all assumptions. Not looking for tons of research but rather a reasoned guesstimate.
* Remember to avoid outcomes -e.g. Stating she needs to increase her Net Profit is an outcome...you must drill down to the root cause of the problem and recommend what needs to change to achieve desirable outcomes. Another example would be saying you have to increase overall profits or decrease operating cost totals or increase sales figures are all outcomes not recommendations on actions to take.
* The concerns must be important, not trivial, to the business.
In eConestoga, by Friday, December 2nd you will find a pdf of the final three financial statements in case your numbers need adjustment. Hopefully, your model will allow you to tweak the model to show her the financial impact of your recommendations.