Week 7 Discussion – The Business Plan Financials
This week's discussion is worth 70 points. Before completing this discussion post, review these resources:
· Textbook Chapter 16, “The Financials,” pages 289-332.
· Your business plan.
Also review the appropriate guidelines:
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This Week's Discussion Post
For this week's discussion, please respond to the following:
· Complete all worksheets in the Business Plan Financials Excel Template using your business plan and the appropriate set of guidelines for the company, whether it is a startup company of your choosing or based on the snack food company scenario.
· If you are working with the Snack Food Company, input the applicable numbers from the guidelines.
· Completing all these worksheets will enable you to finalize the Income Statement, Cash Flow Projections, and Balance Sheet worksheets in the Business Plan Financials Excel Template.
· Use the tutorial below to help with completing the Excel. You will find short videos demonstrating how to complete each of the worksheets.
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· Attach the Business Plan Financials Excel Template to the discussion submission area using the Insert/ document option at the top of your discussion window.
· Post a brief description of your business (no more than 3 sentences). Specify your company name, what business you are in, and the specific product(s) or service (s) you plan to sell.
Post at least one substantive comment to another student's post.
Important Notes:
· You have already completed the Setup and Marketing Budget worksheets in your Marketing Plan and Budget assignment.
· Make any desired adjustments to these worksheets.
· A substantive comment is at least 6 substantive sentences in length, sharing examples, your perspective, resources, your experience, making connections, asking questions, etc. This week's comment is worth 20 points so you want the comment to be extensive. Support your peers with your feedback.
Another Student’s Sample Discussion and I will attach their excel sheet separately so you can use it for reference.
Company Name and Description
The company’s name is Not-Too-Sweet. The products that I am selling are chocolate covered snacks such as fruit and nuts that are healthier than the mainstream chocolates. Instead of lots of refined sugar and corn syrup, the main sweetener will be pureed fruit.
