Assignment Objective: To provide you with an opportunity to show you have the required knowledge for this unit.
- Assume you are a sole business owner.
- In this regard you can choose any name for your business.
- In this assessment you are required to make a 5-year business plan for your business.
- You are given an excel template consisting of core financial, balance sheet, income statement and cash flow statement of the company.
- You can make any assumption, but you must put them into assumption tab.
- In the first tab you have your core financial data where you have your 4 products and their characteristics.
- Feel free to make any assumption in this regard but make sure you have put them into the assumption tab.
- Based on these assumptions you will create your forecasted business plan using the template.
- At the end please submit or send the template to tour trainer.
- A sample solution of the assessment is attached with the excel file.
Please answer the following questions to fulfill the assignment objectives:
Question 1: Explain the principles of accounting, financial statements and cash flow
Question 2: Clarify best-practice communication processes and methods
Question 3: Summarize compliance requirements, including relevant legislative responsibilities
Question 4: Explain the cost of capital, capital structure and working capital
Question 5: Identify finance and investment decisions
Question 6: Describe the goal of financial resource management
Question 7: Describe the principles of finance relevant to the organization's operations
Question 8: Explain risk and return.
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Download:- Business Plan for Business.rar