Homework: Time & Operation
The purpose of this homework is to build and defend financial projections for your business idea. This includes estimating units sold, revenue, and costs for the first 3 years (12 Quarters) of the business.
Part I
Build pro forma Excel sheet estimating revenue and all operating cost items of the business for each of the first 3 years (12 quarters) of operation. Review the pro forma examples provided in the topic Resources. Pro forma estimates should be based on researched information and rational assumptions.
Part II
Write a 750-1,000-word summary of your pro forma spreadsheet. Include the following items:
• Describe how you developed the pro forma projected expenses and operating costs.
• Explain your revenue estimates, variable costs, fixed costs, margin, and how your arrived at your figures.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.