Description
Scenario: Your team has been hired to provide financial analysis for a start-up company, Bobble in Style, which produces customized bobble heads. The bobble heads are made out of less rigid materials and are more true to life than those of competitors. The company inventors, Mr. and Mrs. Lee, are going to pitch their idea to Shark Tank in a few months, but first they need to have a better understanding of the business financials. The Lee’s are already creating and selling their product from their home-based office and work area. They know what costs are involved with making the bobble heads on a small scale, but they don’t have an understanding of financial figures beyond basic costs. They need you to make sense of various financial figures for them.
You will need to create a written executive summary (one page in length).
Explanation & Answer
Attached.
Surname 1
Name:
Instructor:
Course:
Date:
Finance Executive Summary
Paragraph 1: According to research, a Start-up company is a newly founded company which is
normally associated with a form of high-tech project, and most of this companies do not succeed
in developing their initial idea into a business success.
Paragraph 2: Therefore, there are two financial projects, the Lee’s have to consider; a sales
forecast and an expense budget which include the cost of rent and expenses associated with
marketing.
Surname 2
Works Cited
Harroch, Ricahrd D. Start-up and emerging companies: planning, financing, and operating the
successful business. New York, N.Y: Law Journal Press, 2007. print.
Palepu, Krishn...
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