This is a Collaborative Learning Community
This is a Collaborative Learning Community (CLC) assignment.
Write the Financial Plan for your organization (a minimum of 500 words). Create the accompanying spreadsheet(s) and address the following in your plan:
Using Excel, create a three-year pro forma income statement for your organization (or product/service). Review the resources in the topic materials for additional information.
Calculate your financial break-even point: BEP= Fixed Costs/ (unit price – variable unit costs).
Identify possible sources for investment capital if required (friends, family, banks, USSBA, etc.).
Explain how you will use financial information to help you craft your business strategy.
Identify the key financial ratios you will use to measure the performance of your organization to determine success.
Prepare this assignment according to the APA guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.