“Financial Management.”
Please respond to the following: * Imagine yourself as the financial planner for a small company with 100 employees. Briefly describe your (imaginary) business and describe your strategy for financial planning and managing assets. * Using the same scenario, determine how you would finance a five-fold expansion of your company. Explain your rationale.
My small company is Terry’s Graphics. We do all different kinds of graphic design work from designing people symbols to put onto cars, to putting graphic signs onto cars, to Christmas letters, to newsletters, etc.
Our financial plan will be a document which will specify the funds, which will be needed by Terry’s Graphics for a period of time. I am going
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The team and I will focus on various ways to market the company compared to competitors and demographics to target. I might need to copyright this idea
My small company will be an extreme sports company. We would offer extreme sport equipment like skateboards, snow boards, motorcycles and other equipment related to extreme sports. We would also have a park behind the company where people can come enjoy and participate in their preferred sport while also receiving free training. Since our equipment is our asset we will develop the top of the line equipment with the best quality available. Our company would develop different techniques of sustaining both short and long term assets. Plan s may include investing in company products to improve the quality. Financial planning will be done in house to help determine best investments for employees and the company. These planning sessions will help educate against financial loss.
The company would support a fivefold expansion by developing yearly goals and how much profit should be saved to future investments in property or equipment. With this plan, a percentage of the profits will be placed in an account that will be invested in stock to bring in greater revenue. We will have financial planners that will help us invest in safe stocks to prevent against loss. The company will also look into diversifying into different industries to prevent again loss as
Expanding the business and adding more property agreements with 3rd parties and creating international property chain to make the business gain geographic diversity.
For the personal goal aspect of the project everyone choose their own goals and we could compare our results to better understand our team members. Another aspect that the group discussed was the amount of money that should be spent on purchasing market research. We decided to go with the most expensive plan because it will have the most accurate results and one of the most important parts of starting up a business is understanding what the consumer wants. For the 3 month certification of deposit the group agreed on investing $800,000 at a quarterly interest rate of 1.50. By investing this large sum of money our company can generate 12,000 in interest revenue. Therefore, this is a brief summary of the startup quarter of the company, Speedy Solutions, and how the group members determined how to invest the company assets and come to an agreement on team
Warren has come to the department with new information regarding their projected increase in business. This brings about more tasks, such as scheduling, deliveries, and order fulfillment. This means that the team has a lot of other research to do as well. Now they have the online gaming implementation to do as well as come up with the information needed to assure the readiness of the influx in business. They need to look at their finances that are available to assure they can handle the new inventory needed. They have many things that need to be done to accommodate their influx in business. The storage and shipping process are only a few, but this indicates the possible need for a larger warehouse and more trucks to handle the shipping. The company may also need to hire more staff. Financial planning is where they will figure out what they need to do in order to make these things happen. Will they need to borrow from somewhere or sell off something in order to handle this expected change? The team is organizing
Using the same business you started in Assignment 1, you will continue to build a financial plan for the
One way which expansion can be financed is to use part of the profit earned from sales from the previous years to open a new branch. This can be done by using half of the profit earned from sales earned every month. When owner have an idea to open a new branch, he or she can financed part of profit earlier for the new branch.
In today’s economy, in order to stay ahead in this ever changing business world, there has to be a business plan that will be able to change with the economy. There a changes in the economy that make or break many businesses. Thomas Money Services, Inc. is a financial loan company that had been helping the community by providing mortgages and small business loans. The need to revamp or simply create more revenue for the company, a business plan is needed. The introduction of some newly noticed company assets will help add to the company.
We will manage and grow our store with a full range of financial services that include five-year financial planning, business valuations, estate planning, buying/selling
The business plan for FMC would include the size and growth projections. The head trainer and marketing director are conservatively projecting their size and growth in order to ensure financial viability. Appendix 1 shows the projected growth over a 5 year period commencing with a first year revenue of $206,640 and cash flow profit of -$77,360. By the end of year 5 the annual revenue is projected to be $798,000 with an annual EBITDA of $494,000.
During the expansion phase of our business starting from 3rd year, we plan to target 10 universities in WNY. A total expense of $1.21 million is required at that stage, which will be targeted towards essential expansion of 3 main components: personnel, hardware, and software. We project our business to break even during the expansion, and transition into a cash positive business from this point onwards. Our forecast projects a net revenue of $7.2 million at the end of 3rd year, increasing to $20.5 million in 4th and $51.2 million in 5th
However, by the end of three-years, the company expects to be serving the entire Greater Phoenix Metro area. The company has rigorously examined its financial projections and concluded that they are both conservative in regards to revenues and generous in estimating expenditures. This was done deliberately to provide budget flexibility for unforeseeable events. The company's principals believe that cash flow projections are realistic.
An investment to Michael Bouldner and Rainer would be asked to finance the $450,000 of business price over the $73,000 required to renew equipment and offer the service to the customer with which we want to differentiate. With financial projections for the next 3 years are realized positive cash flows (before taxes) that are in accordance with the 25% - 50% of return on capital that investors require. In addition, investment costs recover a third year (assuming an increase in sales of 30% over the previous year).
The company has laid out plans to ensure the success of the project. We plan to hit the break even point within year two. Our expected revenue will be $16 billion yearly. We intend on increasing consumer products by 10% as most items are only currently available online. We plan to create and market a new Australian based character. The projected attendance, revenues, and so on.
........................................................................7 7.0 Financial Plan .........................................................................................................................................7 7.1 Start-up Funding ...........................................................................................................................7 7.2 Important Assumptions ..................................................................................................................8 7.3 Break-even Analysis ......................................................................................................................8 7.4 Projected Profit and Loss ..............................................................................................................9 7.5 Projected Cash Flow....................................................................................................................12 7.6 Projected Balance Sheet .............................................................................................................14 7.7 Business Ratios ...........................................................................................................................15
Because this is a short assignment, be careful to use your word limit wisely.?? There is no need to focus on the details of action plans, projected profit and loss figures and controls (although these are important in the real world, of course).