Financial Business Plan
Preferred learners
- Anywhere
- Academic experience
Categories
Skills
Project scope
- What is the main goal for this project?
-
We are work with charities, non-profits, and social enterprises to help them launch their businesses or projects. 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).
- Developing 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.
- 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 in the report to help us understand the differences between the conservative and aggressive income projections.
Final deliverables:
- A final report in the form of a business plan, 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 work with charities, non-profits, and social enterprises to help them launch their businesses or projects. 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).
- Developing 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.
- 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 in the report to help us understand the differences between the conservative and aggressive income projections.
Final deliverables:
- A final report in the form of a business plan, 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:
- What does our company do?
- Where will we be located? Who is our target audience?
- How much money do we have to start? How much are we seeking from investors?
- What type of expenses are we anticipating?
About the company
- https://www.getsongroup.com
- 2 - 10 employees
- Business services, Technology, Business & management
The Getson Group is a consulting company that works with small and medium enterprises on funding strategy. We work with primarily 'fundable' companies that have established some traction in the market, but have recently opened up our pipeline to startups seeking early stage funding support.
Our group works closely with clients to develop business strategy, and our tactical approach to funding has helped our clients raise over $10M in non-dilutive funding.