Instructions Part 4
Review concepts from your studies in Financial Management and Decision Making for guidance on the type of data needed to produce a Financial Plan.
Financial Planning/Budgeting Process: Entrepreneurship 101 [00:51:29] (please open and view in youtube)
Review The Art of Startup Finance: Business Processes – Your Business Model Formula [00:05:24] (please open and view in Youtube)
Use the template provided to develop a financial plan for Agape Residential Care Center (A dementia/Alzheimer’s care center).
Business Startup Costs [please see attachments]
Pro Forma Balance Sheets Template [please see attachments]
Pro Forma Income Statement Template [please see attachments]
Develop a financial plan for my business proposal opening Agape’ Residential Care Centers (for Dementia/Alzheimer’s residential care center) that supports an Execution Plan or key strategies to achieve primary goals for 3 years, including:
how startup funds will be raised
financial projections for 3 years, pro forma profit and loss (R)
pro forma balance sheet, specific and appropriate categories for the chosen business scenario detailed in a 3-year pro forma profit and loss statement;
start-up costs;
identification of source of funds that aligns with financial projections and start-up costs;
an execution plan that identifies key strategies for achieving goals and objectives that align with the vision, mission, and value proposition
7th Edition APA Formatting for the entire document
Cite authoritative 3-4 sources where applicable to support and lend credibility to any of the required components
