Overview

This document contains instructions for your frontal project. For this assignment, imagine you$$re a junior member of the accounting team for The Daily Grind. The CEO has asked you to begin preparing for the upcoming Annual Budget and Planning Meeting, where the company$$s leadership team will review the company$$s performance over the previous year and discuss goals for the next year. Ahead of this meeting, the CEO has asked you to draft a meeting agenda and a balanced scorecard.

Begin by reviewing the background and appendices in this document. Then, follow the instructions in the Your Task section to create your meeting agenda and balanced scorecard. Submit both documents to this Assignment dropbox.

Background

The Daily Grind Coffeehouse is a privately held LLC that was founded in $2007$ by two friends with a passion for quality coffee. The company is committed to providing the best cup of coffee in town by sourcing high$-$quality beans and training its staff to be knowledgeable and friendly. Additionally, The Daily Grind is dedicated to fair trade and donates $5\%$ of its profits to support the communities of its farming partners.

Over the past $15$ years, The Daily Grind has expanded from a single storefront to a local coffee chain with eleven brick$-$and$-$mortar locations. Each caf$$ is decorated in a retro industrial style and features artwork and signage that tells the story of the company's crop$-$to$-$cup process and educates customers about coffee$-$related topics.

The Daily Grind offers premium coffee beverages and breakfast items, with an average sales of $$2,750$ per day per store. Some locations have higher sales due to factors such as location, square footage, and whether they have a drive$-$thru $($all but two locations do$).$ The average transaction is $$5\mathrm{.}74,$ and last year, the company saw $$10,900,000$ in total revenue.