02 Jul you are creating two important elements of a financial plan: an Income Statement and Balance Sheet
With this assignment
you are creating two important elements of a financial plan: an Income
Statement and Balance Sheet. You also are preparing an outline of a
presentation of your business plan to potential investors or lenders.
Using the business you created from Assignments 2 and 3, write a three to four (3-4) page paper in which you:
Prepare a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan.
Outline a plan for hiring and retaining competent, motivated employees for your business.
Prepare an outline for a “pitch,” i.e., a short 20-30 minute business plan presentation that will be made to lenders or investors.
Include at least two (2) references outside the textbook.
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