This Week’s Discussion Is Worth 70 Points Before Completing

This Week’s Discussion Is Worth 70 Pointsbefore Completing This Disc

This week's discussion is worth 70 points. Before completing this discussion post, review these resources: Textbook Chapter 16, “The Financials,†pages 289–332, your business plan, and the appropriate guidelines: Snack Food Company Guidelines [DOCX] and Company of Your Choice Guidelines [DOCX].

For this week’s discussion, please respond to the following: Complete all worksheets in the Business Plan Financials Excel Template using your business plan and the appropriate set of guidelines for the company, whether it is a startup company of your choosing or based on the snack food company scenario. If you are working with the Snack Food Company, input the applicable numbers from the guidelines. Completing all these worksheets will enable you to finalize the Income Statement, Cash Flow Projections, and Balance Sheet worksheets in the Business Plan Financials Excel Template. Attach the Business Plan Financials Excel Template to the discussion submission area and click Submit.

To do this, choose one of these options: Click on the Browse the Computer button under the discussion area, select the Attachment option within the discussion window. No additional text is needed. Post at least one substantive comment to another student’s post.

Notes: You have already completed the Setup and Marketing Budget worksheets in your Marketing Plan and Budget assignment. Make any desired adjustments to these worksheets.

Please include a brief description of your business (no more than 3 sentences), specifying your company name, the type of business, and the specific product or service you plan to sell.

Paper For Above instruction

The assignment involves completing the financial components of a comprehensive business plan by utilizing the Business Plan Financials Excel Template. Students must incorporate data from their business plans and corresponding guidelines—whether they choose a startup scenario or follow the snack food company model—to accurately fill out worksheets related to income statements, cash flow projections, and balance sheets. This process aids in finalizing vital financial statements essential for assessing the viability and planning of the business.

Students are required to upload their completed Excel financial templates directly via the designated discussion area without additional textual explanation. The instructions also emphasize the importance of engaging with peers by reviewing and commenting on at least one other student's post to foster collaborative learning. Furthermore, students should have previously completed setup and marketing budget worksheets in an earlier assignment and may make necessary adjustments at this stage.

A succinct business description is an integral part of the submission. It must include the business name, the nature of the enterprise, and the particular product or service offered, limited to three sentences. This summary helps contextualize the financial information and provides clarity on the business model being analyzed.

References

  • Scarborough, N. M., & Cornwall, J. R. (2019). Essentials of Entrepreneurship and Small Business Management (9th ed.). Pearson.
  • Mazzarol, T., & Soutar, G. N. (2002). ‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘The

    success factors of small business and entrepreneurship: Insights from the literature.’’ Journal of Small Business and Enterprise Development, 9(3), 273-290.

  • Burns, P. (2016). New Venture Creation: Entrepreneurship for Dummies. Wiley.
  • Hisrich, R. D., Peters, M. P., & Shepherd, D. A. (2017). Entrepreneurship. McGraw-Hill Education.
  • United States Small Business Administration. (2020). Business Guide. https://www.sba.gov | Retrieved from the official SBA website.
  • Gartner, W. B. (1988). ‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘‘

    ‘‘‘‘The venture creation process.’’ Strategic Management Journal, 9(5), 323-333.

  • Baron, R. A. (2004). ‘‘The cognitive perspective: A valuable framework for entrepreneurship research.’’ Journal of Business Venturing, 19(2), 169-189.
  • Byrnes, J. (2021). ‘‘Finance fundamentals for entrepreneurs and small business owners.’’ Harvard Business Review, 25(4), 45-52.

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