Question: I need to create a financial plan for Sprinkles Cupcakes Bakery since they are planning to expand their business. The following should be provided: *Prepare
I need to create a financial plan for Sprinkles Cupcakes Bakery since they are planning to expand their business. The following should be provided:
*Prepare a financial plan for the company you select for your business plan. This financial plan will be included in your final business plan in your capstone course.
*Describe the business, including the type of business.
*Create the business case:
*Determine why funding is needed for the company.
*Determine the sources of funding. Considerself-funding, borrowing, equity, venture capital, etc.
*Evaluate the requirements of each funding source you determined appropriate.
*Analyze the associated risks of each funding source.
*Decide which sources are the best fit for your company based on the requirements of each. Justify your decision.
*Estimate the cost of capital for both short-term and long-term funding sources. Research current estimated APRs for your selected sources of funding. Consider creating a table or chart to display this information.
*Create a profit-and-loss statement for a 3-year period. Project revenue, stating realistic assumptions, such as growth per year, in your projections.
*Estimate direct costs, including capital, marketing, labor, and supply costs.
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