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July 21, 2023

Financial Plan

APA, College, Management

39490This week, you will build your draft financial plan. You will need to do it for the first two years. Use the Comparable method (please refer to chapter 9 of your textbook for further information).

For this week, complete the following:

Complete a list of key financial assumptions that drive your revenue projections, cost of goods sold and operating expenses. Identify 2-3 companies to benchmark (financial information can be found on their annual reports which are public).

· An opening day balance sheet (your balance sheet MUST BALANCE)

· A monthly cash flow statement for years 1 and 2

· An income statement for years 1 and 2

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