Part 6- Building Your Business Plan
6 pages
Instructions
Complete the following business plan aspects required to help you prepare for your final Business Plan Project due at the end of the term. Be sure to save a copy of your responses to all BizBuilder Plan Activities each week, so you can easily access them when you are ready to compile your final project. note the BizBuilder Plan Activities are to be used as a research tool. The following parts are a continuation from previous weekly activities and should be incorporated into the appropriate sections of the final Business Plan.
7. -Financial Analysis & Projections (continued)
8. -Balance Sheet Projections
o Create a projected balance sheet for your business for the first four quarters and the second and third years of operations
o Create a pie chart showing your current assets, long-term assets, current liabilities, and long-term liabilities. (You may wish to use chart wizard in your Microsoft Word tools to do this.)
9. -Income Statement Projections
o Create a projected income statement for your business for the first four quarters and the second and third years of operations.
o Create a bar chart showing gross revenues, gross profit, and net income.
10. -Break-even Analysis
o Calculate your break even to determine the number of units/break-even volume.
11. -Ratio Analysis
12. Calculate all key ratios, using your projected financial statements. Compare these ratios to industry numbers, using publicly available data. (Cite and reference your sources.)
13. -Risks & Assumptions
o List all risks and assumptions that underlie your financial projections.
o Identify external factors that may create/be substantial risks.
Part 7- Building Your Business Plan
1 page
Complete the following business plan aspects required to help you prepare for your final Business Plan Project due at the end of the term. Be sure to save a copy of your responses to all BizBuilder Plan Activities each week, so you can easily access them when you are ready to compile your final project. Note the BizBuilder Plan Activities are to be used as a research tool. The following parts are a continuation from previous weekly activities and should be incorporated into the appropriate sections of the final Business Plan.
8. -Funding Request & Exit Strategy
9. -Amount & Types of Funds Requested
o Clearly state how much money you are requesting in your business plan and the terms under which you anticipate obtaining the funds.
o Will you use debt to finance the business? Explain.
o If you are asking for equity, how have you determined the value of the company and for what amount? (How did you calculate the valuation?)
10. -Exit Strategy
o How will investors get paid back/out? (Public offering? Employee buyout? Merger or acquisition? Liquidation? Stock buyback?)
o Do you plan to franchise your business, or license any of your products? Explain your reasons and how.
