Financial Plan

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Wnfba8691

Writing

Project Budget and Finance

Description

The purpose of this assignment is for students to initiate and complete a comprehensive financial plan. The ultimate result will be a set of pro forma financial statements including an Income Statement, Balance Sheet, and Cash Flow Statement. The student will develop requisite assumptions about the dollar values to be budgeted.

Assignment Steps

Resources: Free research information on local demographics and psychographic trends provided by federal (e.g. census.gov) and state government publications can be extremely useful in determining the market size of a particular industry, and coupled with industry data and entrepreneurial judgment, they can be the basis of a realistic initial revenue forecast. An online and University Library search will be required to locate appropriate resources. The Small Business Administration is also a good source of information, sba.gov

Analyze the revenue items based on information collected and determine the best estimated realistic values for these; revise as deemed necessary. Create a one year forecast using the Cash Flow Assumptions format. Conduct an Internet search or use the example located in the textbook for this course.

Include a brief Executive Summary on a separate tab in your workbook.

Explain the overall venture and any assumptions you made in preparing the Revenue estimate.

Cite a minimum of one peer reviewed reference from the University Library.

Format assignment consistent with APA guidelines.

Click the Assignment Files tab to submit your assignment.

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Explanation & Answer

Attached.

Blinky Biz Inc. financial plan Executive Summary

Blinky Biz Inc. is a hypothetical startup business that started operation in 2017. The company was founded by Mr. Bl
identifying a gap in the market of sleep disorder diagnostics. This company is expected to experience a rapid growth
population rate of growth for the people aged 55 and above has shown an increasing trend in the past years, according
population increase in this age bracket has been attributed to the increased availability of good and affordable healthc
everyone. The improvement in conditions of the homes for the aged has also had a positive impact to this. Currently,
considerably increased, leading to an increase in the number of people who live to see their sixties and seventies. Sin
affected by the sleep disorder, it remains the main focus of the company’s business operation.

The assumptions that have been made in pe...


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