Financial Analyst
Preferred learners
- Canada
- Academic experience or paid work
Categories
Skills
Project scope
- What is the main goal for this project?
-
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).
- 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.
- 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.
Final deliverables:
- A final report including a sales forecast, income projection, expense budget, 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?
-
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).
- 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.
- 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.
Final deliverables:
- A final report including a sales forecast, income projection, expense budget, 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:
- How much money do we have to start? How much are we seeking from investors?
- What type of expenses are we anticipating? What will future sales look like?
- More details covered in the onboarding call
About the company
- https://snscustomcabinets.com
- 2 - 10 employees
- Construction, engineering & trades, Marketing & advertising, Sales, Business services
SNS Customs is a forward-thinking company based in Toronto, specializing in custom kitchen redesigns for homeowners dreaming of their ideal living spaces. At the core of SNS Customs' approach is a blend of modern digital marketing strategies and cutting-edge design techniques. They understand that a dream home starts with a dream kitchen, and they are dedicated to turning those dreams into reality.
SNS skillfully combines modern digital marketing with innovative design techniques to reach clients who desire a dream kitchen makeover. They focus on understanding homeowners' unique needs and lifestyles, ensuring each kitchen redesign is personalized and functional. The commitment to client-centric, sustainable, and technologically advanced kitchen designs makes them a go-to choice for homeowners in Toronto looking to revitalize their homes.