Important Notes
This exercise does not require the use of APA format or a cover page.
This exercise uses the "Business Plan Financials" MS Excel template. Use the "Business Plan Financials Guide" to assist you in completing the required worksheets. (Both documents are also available in the Course Required Files in Week 1.)
It is recommended that students construct their deliverable(s) using MS Word / MS Excel and then attach the document(s) to the discussion thread submission area in Blackboard.
Use the "NAB Company Portfolio" for reference. Provide the following information below.
For year one of your NAB company's Business Plan, complete the Income Statement, Cash Flow Projections, and Balance Sheet sections from the "Business Plan Financials" MS Excel template . Note: Attach the MS Excel worksheet to the discussion thread.
Hints: Your marketing costs should already be included as you created your Marketing Budget in Week 4 and those will be filled in automatically.
Hints: Use the figures you arrived at in the operations and technology sections of your plan to help fill out your financial forms.
Hints: Work through the worksheets in order. The excel worksheets will automatically enter the numbers into your Income Statement.
Develop the following financial sections of your NAB company's Business Plan. Note: Attach the MS Word document to the discussion thread.
Sources and use of funds
Plan assumptions
Break-even analysis
Disc 8:
Mission Possible" Please respond to the following: 2-3 paragraphs
Describe how an organization's mission statement and values are supported by specific aspects in the marketing, operations, technology, management, and social responsibility sections of a business plan.
In a real life situation, feedback from your business plan development team can be extremely valuable. Explain the value of receiving feedback from your ‘team' (your instructor and fellow students) on the various sections of your non-alcoholic beverage (NAB) business plan while you work towards making necessary revisions.
Disc.9:
"Pitch Perfect" Please respond to the following: 2-3 paragraphs
Watch the following Lynda.com videos from the video serious Giving Your Elevetor Pitch with Todd Dewett:
"Benefits to an Elevator Pitch" (2 min 01 s)
"Making an Initial connection" (2 min 43 s)
"Structuring your Pitch" (3 min 57 s)
Then, rank the following factors in order of importance when developing an elevator speech, and provide a rationale for your response.
Speech is confident, not arrogant
Use of positive and compelling words
Short in duration
General to the industry in question
Specific to the company's mission and company's values