Follow all direction very important
Resource: Preopening Budget Example located on the student website
Design a 3- to 5-year financial plan to implement the goals and objectives created in Part II of your strategic plan. The deliverables for the financial plan include a projected budget created in Microsoft® Excel® and a report in Microsoft® Word that clarifies and explains the financial plan.
Section One: Projected Budget
The projected budget should be a Microsoft® Excel® spreadsheet that contains a 3- to 5-year financial projection that includes detailed expenditures, income, contingency, gain or loss, and ROI (if applicable).
Section Two: Financial Plan Explanation
Write a 1,050- to 1,400-word narrative discussing the fiscal detail of the plan and the assumptions that were used in developing the projected budget.
Include all the elements required in the projected budget.
Include capital expenditure planning and contingency plans for unexpected events.
Financial details that cannot be found may be assumed.
Budget summary: When explaining your budget, answer the following questions:
What is the organization's current business model? Did you make any financial adjustments that go against the way the organization planned its finances in the past? If so, what were they, and why did you make the changes?
How did the organization's internal resources and financial capabilities affect your financial plan? How will they affect implementation of the plan?
Cite at least four sources to support your information.
Format your paper consistent with APA guidelines.
Submit your assignment as Microsoft® Excel® and Microsoft® Word attachments.
Thanks for your second section for Ascension. This is an important section as your audience will need to know if they will invest in your strategy as they see your SWOT go into action. I like how you did your SWOT and gave examples for each item. I will push you a bit in terms of giving us more information which can be quantified. If you state, for example, "The fact that Ascension Health is limiting its coverage in United States only is limiting. Furthermore, when compared to other health organizations, it appears that this organization has weak branding," then talk about each more here so you can create a good action plan to fix their branding or why/how they are limited with thier focus. Be specific, but overall a good job with SWOT. What actions should they take in EACH category is missing. Look at each SWO and T and come up with a defined action plan for the item and what it will take to push them forward. How can they take advantage of S and O, while limiting/reinforcing with actions, T and W? Be specific and begin to think of how you will quantify each action item. Remember to add as much proof for each item/topic as your audience will need solid support from you in the end for any recommendations you might offer. Push your thoughts forward a bit into "what if" your SWOT's resultant action plan doesn't turn out the way you thought, and what will you incorporate into the plan. Next week take your SWOT again and resultant action plan to build up some financial assumptions that make strategic sense based upon where this entity is currently, where they expect to go, what might change and what may not, how they will plan for demographic shifts, and what research supports these assumptions/changes from a financial vantage; lead your audience into your final presentation with some validated recommendations based upon everything you have presented so far. What will they do over a 3-5 year timeframe to support your SWOT findings, specifically? Once we do a SWOT we take the best of the best and support it, and then look at mitigating the negative by taking action based on our goals. This was a big miss for this section which you will need in a BIG way for Week 4's financial section. You allude to this in general in some SWOT portions, but come up with an actual 3-5 year goal list and what they will do or will avoid based on your analyses.