Financial Business Plan

City Canvas is a youth-based art program teaching students how to create custom apparel and printing techniques, graphic design, and elements of entrepreneurship. This supplemental art program can be administered during the day or after school. City Canvas can also be positioned as a supplemental art program in Chicago Public Schools to help with the shortage of art teachers.This will involve several different steps for the students, including:Learning about our business strategy from various employees to become familiar with our goals, mission, and products.Creating forecasts using Excel (or another financial software) for sales in the first year of operation as well as an income projection (conservative and aggressive).Working with our team to develop an expense budget.Conducting a break-even analysis timeline using financial projections.Reporting on projected assets and liabilities.Including visual comparisons such as graphs and charts to show the differences between the conservative and aggressive income projection.Deliverables Needed:Please include all supporting documentation to support your findings. A FOIA request was sent to Chicago Public Schools and I am waiting for the document production. A copy of the request can be sent upon request.Please find information for schools and youth organizations located in the Chicagoland area and surrounding suburbs.Here is a link to a similar organization:https://www.youth-guidance.org/extended-day-enrichment/Market AnalysisCompetitive research to show what other companies are doing and their strengths. Grades 6-12, what are the trends for this type of program? What do successful competitors do? Why does it work? How can we do it better? Investigate 12 programs- (3) art-oriented programming, (3) apparel design programs, (3) graphic design programs, and (3) entrepreneurship programsMarketing and Sales StrategyHow can we attract schools and youth development agencies? How will a sale actually happen? Please thoroughly describe a complete marketing and sales strategy.Financial ProjectionsWhat is a prospective financial outlook for the next five years? Include forecasted income statements, balance sheets, cash flow statements, and capital expenditure budgets. For the first year, be even more specific and use quarterly — or even monthly — projections. Define our strategy and list the most significant costs we’ll face pursuing it.Additional Questions·      How much are they charging?·      What is their curriculum?·      What are they offering?·      How many days?·      How long is their program?·      How many hours?·      Are supplemental art programs allowed in Chicago Public Schools?

Develop a Sales Strategy for a Custom Apparel Print Shop

-Develop value proposition (define and create)-Identify the ideal customer profile-Develop a plan to to target our ideal customer-Convert leads into customers-Define sales goals & company strategy-Develop customized sales process-Customize CRM to fit new sales process, pipeline and forecasting tools-Develop pipeline management & forecasting methodology and processes