Instructions: Week 7 Discussion – The Business Plan Financials
Post a Response
Note: Please review the information posted in the Instructor Insights area this week before working on your discussion reply. You will find tips and resources to help.
Before completing this discussion post, review these resources:
Textbook Chapter 16, “The Financials,” pages 289–332.
“Sources and Use of Funds,” page 317, and “Sample Plan: Sources and Use of Funds,” page 331.
“Break-Even Analysis,” pages 320–321.
Your business plan.
Review the guidelines:
For-Profit Startup Company Guidelines. [DOCX]Download For-Profit Startup Company Guidelines. [DOCX]
For this week’s discussion, please respond to the following:
What are your financial projections for the next 2 years?
Complete all worksheets in the Company Financials Excel Template Download Company Financials Excel Templateusing your business plan and the Instructions provided in the first worksheet.
Completing all these worksheets will enable you to finalize the Income Statement, Cash-Flow Statement, and Balance Sheet in the Company Financials Excel Template.
Attach the Company Financials Excel Template to the discussion submission area and click Submit.
To do this, Click the Insert button in the top menu of the discussion window, then select document/ browse for your Company Financials Excel Template and submit. Provide a brief description of your business in the discussion window (up to 3 sentences). Please attached see excel sheet. Company info and marketing have already been done.
Below is an overview of my company:Hello everyone,
Company Overview: Wrap It Your Way Café is a quick-service restaurant that offers customers health-conscious and customizable food choices and beverages. Since inception, the company has expanded its product portfolio to comprise real and natural options that are low in gluten and designed to address the unmet needs of people who prefer vegetarian, vegan, and ketogenic diets. Nonetheless, its value proposition hinges on meeting individual tastes, needs, and preferences through quick foods that are free from processed ingredients.
Profit: At Wrap it Your Way Café, our profit strategy focuses on sustainable growth through numerous revenue streams and efficient cost management. As a company, we ensure of quality raw materials to attract more clients while offering rewarding options, such as customer loyalty rewards and exclusive offers. The cost control measures utilized will include supplier partnerships, inventory management, and energy management. Mobile ordering and catering services are also opportunities that will drive our food sales but not compromise on functionality.
People: As for the people approach, we prioritize stakeholder wellbeing across all groups. To the customers, we keep menu transparency on sourcing, offer allergen specials, and ensure our staff delivers excellent services. Employees earn competitive wages, recognition rewards, professional training, developmental opportunities, and strong career progression. Community involvement comprises feeding programs, nutrition sessions, and interactions with other people in society. Our relations with suppliers are also fair: long-term contracts and cooperation with suppliers on sustainability projects.
Planet: As a company , our environmental commitment is displayed through multiple comprehensive waste reduction programs. They include biodegradable product packaging, recyclable products, and composting. Energy conservation measures include energy-efficient appliances, lighting, and efficient climate control systems. The measures concerning water management are savings, greywater recycling, and low-flow fixtures. Organizational aspects include local purchases and restricted food offerings according to the season to promote organic farming.
Thank you so much for your help
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