Developing a Budget Statement Assignment - Part 1 5 Jul 2021. 03.00 18 Aug 2021 - 23:00 21 Aug 2021 - 23:00 100 Summary Instructions and Submission Due no later than 11:00p.m. on Sunday of Unit 6 Worth 10% of final grade Late Submission Policy This assignment is subject to the Late Submission penalty policy, namely 5 per day for three days. . This page will close and will not allow further submissions after this Late Submission period has expired. . In the event of an emergency preventing you from submitting within this time frame, special permission must be obtained from your instructor Documentation substantiating emergency is required. In such a circumstance, if the extension is granted, the professor will reopen the submission function for you on an individual basis . Please do not email your submissions to your professor, either before or after the due date, all coursework should be submitted through the online course (Moodie). Objectives On successful completion of this assessment, students should be able to develop a budget for a business idea presented in unit 4 projecting costs associated with the venture, analyze the funding need and provide breakdown of appropriate cost centers, and Identify the profit or loss for the venture in year one and show when the business will be profitable. Brief Description The assignment requires the completion of a budget to project costs associated with the new venture and will be used as a guide in terms of how much funding is needed to launch the business. The budget statement should reference the business opportunity submitted in unit 4. The budget statement will be augmented with notes to explain the choices and projections Submission Instructions Write a paper including the budget for your idea from unit 4. Each paper should include an introduction and conclusion should be 4-6 pages (double spaced), 2.54 cm margins (the default on MS Word), and 12 pts size. The paper should include notes to accompany and explain the budget decisions and budget lines. The paper should follow the APA guidelines for format and citation in your assignment you should 1. Identify the problem the venture will address and its scope 2. Support claims about the problem with appropriate sources including at least three academic sources such as books,juried articles found in the Yu library 3. Demonstrate the validity of the idea and identify what makes this a true opportunity Evaluation The Business Plan Case Analysis will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to, and their relative weight to the assignment overall Developing a Budget Statement Assignment - Part 1 5 Jul 2021. 03.00 18 Aug 2021 - 23:00 21 Aug 2021 - 23:00 100 Summary Instructions and Submission Due no later than 11:00p.m. on Sunday of Unit 6 Worth 10% of final grade Late Submission Policy This assignment is subject to the Late Submission penalty policy, namely 5 per day for three days. . This page will close and will not allow further submissions after this Late Submission period has expired. . In the event of an emergency preventing you from submitting within this time frame, special permission must be obtained from your instructor Documentation substantiating emergency is required. In such a circumstance, if the extension is granted, the professor will reopen the submission function for you on an individual basis . Please do not email your submissions to your professor, either before or after the due date, all coursework should be submitted through the online course (Moodie). Objectives On successful completion of this assessment, students should be able to develop a budget for a business idea presented in unit 4 projecting costs associated with the venture, analyze the funding need and provide breakdown of appropriate cost centers, and Identify the profit or loss for the venture in year one and show when the business will be profitable. Brief Description The assignment requires the completion of a budget to project costs associated with the new venture and will be used as a guide in terms of how much funding is needed to launch the business. The budget statement should reference the business opportunity submitted in unit 4. The budget statement will be augmented with notes to explain the choices and projections Submission Instructions Write a paper including the budget for your idea from unit 4. Each paper should include an introduction and conclusion should be 4-6 pages (double spaced), 2.54 cm margins (the default on MS Word), and 12 pts size. The paper should include notes to accompany and explain the budget decisions and budget lines. The paper should follow the APA guidelines for format and citation in your assignment you should 1. Identify the problem the venture will address and its scope 2. Support claims about the problem with appropriate sources including at least three academic sources such as books,juried articles found in the Yu library 3. Demonstrate the validity of the idea and identify what makes this a true opportunity Evaluation The Business Plan Case Analysis will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to, and their relative weight to the assignment overall