Part 3 strategic planning financial 2
Please follow EVERY POINT and the attachment!!!! Resource: Preopening Budget Create a 3- to 5-year financial plan to implement the goals and objectives created in Part II of your strategic plan ( I have attached part II please read it carefully ). The deliverables for the financial plan include a projected budget created in Microsoft® Excel® and a report in Microsoft® Word® that clarifies and explains the financial plan.
Section One budget : Projected Budget Create a projected budget (attached). • The projected budget should be a Microsoft® Excel® spreadsheet that contains a 3- to 5-year financial projection that includes detailed expenditures, income, contingency, gain or loss, capital outlay, and ROI (if applicable). Include budget strategies to increase volume and budget assumptions.
Section Two word: Financial Plan Explanation Write a word narrative discussing the fiscal details of the plan and the assumptions that were used in developing the projected budget. • Include all the elements required in the projected budget. • Include capital expenditure planning and contingency plans for unexpected events. • Budget summary: When explaining your budget: o Describe the organization’s current business model. o Evaluate the impact of internal resources and financial capabilities on the business model implementation. ? Determine how the organization’s internal resources and financial capabilities affect your financial plan. ? Determine how they will affect implementation of the plan. o Explain the details of the budget assumptions and the strategies to increase volume. Cite at least 4 peer-reviewed, scholarly, or similar resources to support your information. Format your paper according to APA guidelines. Submit your assignment as Microsoft® Excel® and Microsoft® Word® attachments. Click the Assignment Files tab to submit your assignmentless