Professional Assignment 6 – CLO 3, CLO 5 (Chapter 9, Chapter 11) (Major Milestones & Financial
Projections and Exit Potential)
Please find attached all what you need to understand this business plan.
-PA’S Just read for you to understand the business concept
-PA1 *Must read ( do not need those numbers we can change them)
PA2 PA3 PA4 to understand all the bussines.
-WORD DOC key information regarding costs and milestones
-EXCEL DOC templates/example to complete this assignment
Deliverables for this assignment are:
1. Major milestones for your company (see below)
2. Projection of financial performance (see below)
At this point in the business plan we are still moving towards the back-end by providing Major Milestones of your business venture. This segment of your business plan is crucial in securing funding by enhancing your selling effort of your new venture to prospective investors, including banks. It presents the major milestones that your business is committed to achieving with the specific round of financing. This needs only be a page featuring a task list with key dates. We also like to see a sentence or two on how to mitigate the risk of these key milestones at the bottom of the page (Meyer & Crane, 2014). (1 to 2 pages)( pleasse see excel sheet example)
Projecting the financial performance and requirements for the venture is related to the major milestones. It is necessary to translate your business model (developed in PA1) into actual numbers by projecting revenues, expenses, operating profit, income, expenses, cash flows, capital investments, and related startup costs. It is important to ensure that these projections are in alignment with your business model and related strategies to compete as a new business venture. Stated in another way, it is imperative that you develop meaningful financial projections and offer different approaches for financing your new venture and for analyzing costs, expenses, and profits. Please follow Chapter 9 carefully so that you consider all aspects of projecting financial performance. (3 to 4 pages).
*MUST have six (6) peer-reviewed sources.