BUS 599 Week 8 Discussion Plan Assumption and Financials

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Before beginning work on this discussion post, review Chapter 16, “The Financials,” in your textbook. You have already read this chapter during the previous week. With your review this week, specifically examine:

· "Assumption Sheet," pages 323–324 and "Sample Plan: Assumptions," page 332.

· "Sources and Use of Funds," page 317 and "Sample Plan: Sources and Use of Funds," page 331.

· "Break-Even Analysis," pages 320–321.

The financial plan must be based on decisions and facts. Investors want to know whether your business plan is realistic.

For This Week’s Discussion, Please Respond to the Following

Provide a written overview of the plan assumptions and key financials based on the information contained in your business plan and your Business Plan Financials Excel Template.

Use headings (bold) to address each required topic. 

 Be sure to include:

Important: do not copy tables from the Excel document in your discussion response.  This is an overview of the key financials. 

Post at least one substantive comment to another student's post.

Notes

· You will use the information from this discussion post in the Week 10 assignment, Business Plan—Final.

o A bullet point under Part 1 asks you to incorporate financial information that will help to convince the investors.

Note: 

With your response, include a brief description of your company: name, what business you are in, and the products or services you offer for sale.

· 2

· 3

· 4

· 5

This week’s discussion is a written summary of the key financials investors would like to know before deciding to look at your business plan in more detail.

Do not copy tables from the Excel document in the discussion response.

Discuss the following and use bold headings to organize your response. You can find the numbers you need in your Excel document your completed last week (Business Plan Financials). Check the table provided in the discussion for the exact worksheet of where the information can be located.  Be sure to include a brief description of your business.

1.Projected Sales

· The projected sales will help the investors understand your sources of revenue (product lines or service options) and your projected sales.

· List your sources of revenue (specify your product lines/ service options you plan to offer) and provide the average sales per year for each product line/ service option.

· You can also list milestones such as overall sales of 1 million by the end of the second year.

2.Personnel Overview

· Clarify how many employees you currently have and plan to have in the future.

· Mention the key skills and experience (very brief) of your management team. This will help your investors understand you have a competent and experienced team to grow the business.

3.Funds to Date and Funds you plan to raise

· Provide a list of the funds you already have (loans, money in the bank, etc.)

· Provide a list of the funds you are planning to raise from the investors. Remember, we are writing the business plan with this purpose.

4.Use of Funds

· Provide a list of expenses you plan to make (major expenses) with the funds you plan to raise from the investors. They would want to know what you plan to do with the money.

5.Break-Even Analysis

· The break-even number will clarify how much you need to sell just to cover your expenses.

· Provide just the average monthly break-even number for years 1 and 2.

Projected Profits

· The projected profits will indicate when the company will become profitable and how much these profits are expected to be. 

· Specify the estimated yearly profit estimates for the first and second year.

Check the video below for an overview of this week’s discussion.

Goal: Submit by Wednesday.

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Status NEW Posted 05 Oct 2020 07:10 AM My Price 9.00

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