Part 6- Building Your Business Plan –
MY BUSINESS IS A DAYCARE CENTER
- 7.0 Financial Analysis & Projections (continued)
- 7.3 Balance Sheet Projections
- Create a projected balance sheet for your business for the first four quarters and the second and third years of operations
- Create a pie chart showing your current assets, long-term assets, current liabilities, and long-term liabilities. (You may wish to use chart wizard in your Microsoft Word tools to do this.)
- 7.4 Income Statement Projections
- Create a projected income statement for your business for the first four quarters and the second and third years of operations.
- Create a bar chart showing gross revenues, gross profit, and net income.
- 7.5 Break-even Analysis
- Calculate your break even to determine the number of units/break-even volume.
- 7.6 Ratio Analysis
- Calculate all key ratios, using your projected financial statements. Compare these ratios to industry numbers, using publicly available data. (Cite and reference your sources.)
- 7.7 Risks & Assumptions
- List all risks and assumptions that underlie your financial projections.
- Identify external factors that may create/be substantial risks.
***Please review the Announcement for this week for helpful articles and video’s.
- Approximate minimum page length requirements by section in an APA formatted business plan:
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