Supply Chain Management and Financial Plan

“One of the most important steps in launching a new business venture
is fashioning a well-designed, practical, realistic financial plan.” (Scarborough & Cornwall,
2015, p. 454). With this assignment, you are creating two important elements of a
financial plan: an Income Statement and Balance Sheet. You also are preparing an
outline of a presentation of your business plan to potential investors or lenders. Using the
business you created from Assignments 2 and 3, write a three to four (3-4) page paper in
which you: Prepare a simple pro forma (projected) income statement and balance sheet
for the first two years of operation, using income projections and incorporating an
advertising plan. Outline a plan for hiring and retaining competent, motivated employees
for your business. Prepare an outline for a “pitch,” i.e., a short 20-30 minute business
plan presentation that will be made to lenders or investors. Include at least two (2)
references outside the textbook. Your assignment must follow these formatting
requirements: This course requires the use of Strayer Writing Standards (SWS). The format
may be different than other Strayer University courses. Please take a moment to review
the SWS documentation for details (more information and an example is included in the
Strayer Writing Standards left menu link). Include a cover page containing the title of the
assignment, the student’s name, the professor’s name, the course title, and the date. The
cover page and the reference page are not included in the required page length. The
specific course learning outcomes associated with this assignment are: Analyze the key
financial management considerations in operating a small business, including sources of
financing. Determine the various control and support functions needed to manage a
small business. Use technology and information resources to research issues in small
business management. Write clearly and concisely about small business management
using proper writing mechanics.

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