“Some of the essential steps in launching a brand new enterprise enterprise is fashioning a well-designed, sensible, practical monetary plan.” (Scarborough & Cornwall, 2015, p. 454).
Overview
With this project, you might be creating two essential parts of a monetary plan: an Earnings Assertion and Steadiness Sheet. You are also getting ready a top level view of a presentation of your marketing strategy to potential buyers or lenders.
Directions
Utilizing the identical firm out of your earlier assignments, write a three–four web page paper during which you:
Put together a easy professional forma (projected) revenue assertion and steadiness sheet for the primary two years of operation, utilizing revenue projections and incorporating an promoting plan.
Define a plan for hiring and retaining competent, motivated staff for your small business.
Put together a top level view for a “pitch,” i.e., a brief 20–30 minute marketing strategy presentation that might be made to lenders or buyers.
Embrace at the least two references outdoors the textbook.
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