Sign In
Not register? Register Now!
Essay Available:
Pages:
1 page/≈275 words
Sources:
Check Instructions
Style:
APA
Subject:
Management
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5.83
Topic:

Week 7 Discussion (Part 2) (Word Document). Management Coursework

Coursework Instructions:

+++++
FOR WRITERS: if you know how to do this project, but you think the price is low, please get back to us with your offer and we will settle your price with the customer.
+++++
Section II: Financial section of the business plan (compose as a Word document and paste in the discussion window)
You will have 3 headings as outlined below:
1.Sources and use of funds: Outline the funds you have currently (see portfolio pages 4 and 8) and the ones you intend to raise (you need to raise funds per the portfolio page 4). Explain how you plan to use the funds (a clear plan for how you will use the money).
Before addressing this section please review:
Sources and Use of Funds section on page 312 of your textbook-Sample plan on page 325 for an idea on how to address this section.
2. Plan assumptions: The Financial plan must be based on decisions and facts. Investors want to know if this plan is realistic. In this section you will outline your plan assumptions.
Before addressing this section please review:
The setup and assumptions sheet in your Excel document.
Sample plan in your textbook page 326
Assumption sheet in your textbook page 313.
Article about the 5 key assumptions of your business plan. https://www(dot)thebalancesmb(dot)com/question-key-assumptions-in-your-business-plan-1200853
3. Break-even analysis: The break-even point is the point at which you make enough money in revenue to pay your expenses, but no profit (or loss). In this section, clarify what the break-even number is for year one (average). You will extract this information from the Break-even tab in the Excel document.
Before addressing this section please review:
Page 314 in the textbook, which covers the break-even analysis.
The BrkEvn (Break-Even) worksheet in your Excel document. You would have calculated this there.
Notes:
You will use the Excel document in Assignment 3 and 4.
You will use the written portion of your Financials in Assignment 4.

Coursework Sample Content Preview:

Financial Section
Student’s Name
Institutional Affiliation
Financial Section
NMCC aims to begin its operations in January 2020. However, for the operations to begin, funds have to be available. The capital that the company needs to begin its operations is $331,550. To date the amount of money that the company has collected from the contribution of the owners is $120,000. The amount promised by friends and family members amounts to $15,000, which is payable by the close of the year without any interest and if the amount is paid after two years, it will attract an interest of 5%. Thus, to raise the remaining amount, NMCC requires a one funding round together with the amount for the start-up costs. However, there is also a possibility for the company to seek second funding for purposes of expansion. The table below presents the uses of funds.
Item

Cost per Unit

Number of Units

Total Amount

Capital Investment




Purchase of equipment

28,500

2

57,000

Other capital Expenditures

9600

2

19,200

Delivery vans

10000

2

20,000

Others (Computers and telecoms)

4000


10,000

Total Capital Expenditures



106,200

Working Capital




Inventory



23,000

Personnel



12,466

Marketing



6050

Others



3784

Total Working Capital



41,516

Total Use of Funds



151,500

(Abrams, 2014)
Assumptions
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

You Might Also Like Other Topics Related to art essays:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!
Order Now