The project requires you to create a written budget

Question

This is an individual project where you will be acting as a consultant to an entrepreneur who wants to start a new business. As the consultant, you'll create a 5-year budget that supports the entrepreneur's vision and strategy, as well as the needs for equipment, labor, and other start-up costs.


You can choose from one of three types of new business start-ups-a landscaping company, a restaurant, or an electronics store that sells portable computing devices. Each business has its own business profile detailed in the sections below. The purpose of the business profile is to guide you in understanding the scope of the business, the entrepreneur's start-up costs, and financial assumptions.


The project requires you to create a written budget proposal, a supporting Excel workbook showing your calculations, and a PowerPoint presentation summarizing the key elements of the budget proposal, which you assume will be presented to a management team.


This is an individual project. Each week you will complete a section of the project in draft form. In Week 7, you will submit the final version of the project's budget proposal, budget workbook, and budget presentation in PowerPoint.

Answer 1

This is the individual project in which you will be acting as the consultant to an entrepreneur who wishes to begin a new business. As the consultant, you will prepare a 5-year budget which supports the entrepreneur's vision and strategy, and also the requirements for labor, equipment, and other start-up costs. You can select from one of three kinds of new business start-ups-a landscaping company, a restaurant, or the electronics store which sells portable calculating devices. Each and every business consists of its own business profile detailed. The aim of the business profile is to guide you in comprehension the scope of the business, the entrepreneur's start-up costs and financial suppositions. The project needs you to prepare a written budget proposal, a supporting Excel workbook illustrating your computations, and a PowerPoint representation sum up the main elements of the budget proposal that you suppose will be presented to the management team.