Using a business that provides tutoring services (Math $200 per lesson - Science $200 per lesson - English $200 per session) and was given $100k from an investor for 40% of the company, determine the following:

• Develop a 3-year sales forecast for each product of your business.
• Develop an operating budget for your business.
• Develop cash flow, profit and loss, balance sheet, and break-even analysis forecast projections for your business.
• Determine the return on investment for any angel investor.
• Determine and plan the financial operations of your business.
• Conduct an analysis to determine the risk to the virtual business. Devise a plan to mitigate identified risks.

The business has 5 employees, each paid as part-time employees (no insurance or benefits) at a rate of $50 per hour for 5 hours of work per week. The business is estimated to generate 15 hours of tutoring per week in year one, then double in year two and three.

Answer rating: 100% (QA)

Answer 3year sales forecast for each product of your business maths Weeks total hours3 sessi... View the full answer