How to make their local product a global product


Problem

The product is handmade soap. You are asked to present a budget and financial plan to help the company to take the soap's local product globally. If you wish, you may select a single country to focus on. In your capacity as a budgeting and financial management consultant for this company, you have been asked to create a financial plan with a 3-year annualized budget for expansion. Your plan should include a budgeting analysis of licensing, legal recognition, trademarking, partnerships (if needed), marketing, advertising, warehousing, distribution, quarterly market reporting, and other elements you wish to add. Your goal is to recommend a budget that will cover the expansion of the product distribution into at least three new countries during the three years. You will present your plan as a PowerPoint presentation. Remember, this is a marketing piece showing your budgeting and financial consultant skills. You want to impress your clients with a solid budget and analysis of how to make their local product a global product.

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Financial Accounting: How to make their local product a global product
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