Financial Plan
Write the Financial Plan for your organization (500 word maximum). Create the accompanying spreadsheet(s) and address the following in your plan:
1. Using Excel, create a three-year Pro Forma income statement for your organization (or product/service). Review the resources in the topic materials for additional information.
2. Calculate your financial break-even point.
BEP= Fixed Costs/ (unit price - variable unit costs)
3. Identify possible sources for investment capital if required (friends, family, banks, USSBA, etc.).
4. Explain how you will use financial information to help you craft your business strategy.
5. Identify the key financial ratios you will use to measure the performance of your organization to determine success.