Homework: Start Up Budgeting
For this homework, you will decide what type of budget to implement for a start-up company.
Write a 3 to 4 pages paper in which you:
i. Summarize the type of manufacturing company you plan to start up and determine how you will design the value chain for your manufacturing company.
ii. Describe the type of budget you plan to implement in your company and outline the budgeting review steps necessary to ensure that your company reaches the financial forecast.
iii. Select at least four specific benchmarks you will utilize in your company. Explain the benchmarks selected and their benefits to your company.
iv. Explain the type of cost system you plan to implement in your company and identify any major challenges in implementing your cost system. Suggest a way to overcome the identified challenges.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.