Question: Please help! Need to create a financial plan for Sprinkles Cupcakes Bakery since they are planning to expand their business. The following should be provided:
Please help! 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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