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Start-Up Budgeting
For this assignment, you will decide what type of budget to implement for a start-up company.
Write a 3-4 page paper in which you:
Question 1: Summarize the type of manufacturing company you plan to start up and determine how you will design the value chain for your manufacturing company.
Question 2: Describe the type of budget you plan to implement in your company and outline the budgeting review steps necessary to ensure that your company reaches the financial forecast.
Question 3: Select at least four specific benchmarks you will utilize in your company. Explain the benchmarks selected and their benefits to your company.
Question 4: Explain the type of cost system you plan to implement in your company and identify any major challenges in implementing your cost system. Suggest a way to overcome the identified challenges.
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