Question: Develop a plan and projections for a type of business that you prefer and that you may create in case that you decide to be
Develop a plan and projections for a type of business that you prefer and that you may create in case that you decide to be your own employer.
Include and describe:
- Type of business
- Location
- Potential clients
- Potentialsuppliers
- Capital amount to initially invest
- Employees ( if required) at beginning
- Business scope (area to do business)
- Office (if needed)
Create and show Budgets
If Manufacturing Business:
- Sales Budget, Production Budget, Direct Materials Budget,
- Direct Labor Budget, Manufacturing Overhead Budget
- Selling and Administrative Budget.
- and Budgeted Income Statement for 1st year
If Retailer Business:
Sales Budget, Purchase Budget, Selling and Administrative Budgetand Budgeted Income Statement for 1st year
If Service
Sales Budget, Labor Budget, Selling and Administrative Budget
and Budgeted Income Statement for 1st year
In addition:
CVP Income Statement
Break-even analysis
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