Sales Forecasting and Operations Analysis
Preferred learners
- Montreal, Quebec, Canada
- Academic experience or paid work
Categories
Skills
Project scope
- What is the main goal for this project?
-
We are excited to be launching a new business, TOASTIZ is going to become the go-to snack for anyone looking for a tasty, quick, and cheap snack at any time. We want to be known for our commitment to customer satisfaction and our ability to offer innovative and high-quality products. With TOASTIZ, no one will ever sleep on an empty stomach again. With any launch, having a financial plan is one of the keys to success, and we would like to involve students in creating one for our new venture.
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).
- Conducting a break-even analysis timeline using financial projections.
- Reporting on projected assets and liabilities.
- What tasks will learners need to complete to achieve the project goal?
-
By the end of the project, students should complete the following list of activities (this is basically a retelling of the steps above):
- Completed a sales forecast and an income projection for the first year of operations.
- Conducted a break-even analysis using the sales forecast and expense budget.
- Analyzed projected assets and liabilities our company will have in the first year of operations.
- Included extra visuals with Excel.
Final deliverables:
- A final report including a sales forecast, income projection, expense budget, break-even point, assets, liabilities, as well as any calculations and assumptions used.
- A 30-minute presentation explaining all research and findings from the report.
- What is the main goal for this project?
-
We are excited to be launching a new business, TOASTIZ is going to become the go-to snack for anyone looking for a tasty, quick, and cheap snack at any time. We want to be known for our commitment to customer satisfaction and our ability to offer innovative and high-quality products. With TOASTIZ, no one will ever sleep on an empty stomach again. With any launch, having a financial plan is one of the keys to success, and we would like to involve students in creating one for our new venture.
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).
- Conducting a break-even analysis timeline using financial projections.
- Reporting on projected assets and liabilities.
- What tasks will learners need to complete to achieve the project goal?
-
By the end of the project, students should complete the following list of activities (this is basically a retelling of the steps above):
- Completed a sales forecast and an income projection for the first year of operations.
- Conducted a break-even analysis using the sales forecast and expense budget.
- Analyzed projected assets and liabilities our company will have in the first year of operations.
- Included extra visuals with Excel.
Final deliverables:
- A final report including a sales forecast, income projection, expense budget, break-even point, assets, liabilities, as well as any calculations and assumptions used.
- A 30-minute presentation explaining all research and findings from the report.
- How will you support learners in completing the project?
-
Students will connect directly with us for mentorship throughout the project. We will be able to provide answers to questions such as:
- Our culture, mission, vision, values
- Our strategies & network
- Our budgets, and investors
- The company structures, expenses and revenues
- Target customers
About the company
- https://toastiz.ca
- Food & beverage
Food is the essence of TOASTIZ.
The texture, the taste, the aesthetics.
a Toastiz is a reward we give ourselves after studying,
it's a comfort we savor after celebrating,
it is an explosion of flavors, which warms the heart.
That's why everyone should have access to it. We want to be a source of inspiration for all current and future generations. To inspire, and encourage people to take action, to step out of their comfort zone, and think big.