Assignment 4: Supply Chain Management and Financial Plan

Assignment 4: Supply Chain Management and Financial Plan

Due Week 10 and worth 135 points

"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:

1. 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.

2. Outline a plan for hiring and retaining competent, motivated employees for your business.

3. Prepare an outline for a "pitch," i.e., a short 20-30 minute business plan presentation that will

be made to lenders or investors.

4. Include at least two (2) references outside the textbook.

Your assignment must follow these formatting requirements:

• This course requires 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.

Click here to view the grading rubric.

Points: 135 Assignment 4: Supply Chain Management and Financial Plan

Criteria Unacceptable

Below 60% F

Meets Minimum

Expectations

60-69% D

Fair

70-79% C

Proficient

80-89% B

Exemplary

90-100% A

1. 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. Weight:

25%

Did not submit or

incompletely

prepared 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.

Insufficiently

prepared 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.

Partially prepared

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.

Satisfactorily

prepared 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.

Thoroughly

prepared 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.

2. Outline a plan for

hiring and retaining

competent, motivated

employees for your

business.

Weight: 25%

Did not submit or

incompletely

outlined a plan for

hiring and retaining

competent,

motivated

employees for your

business.

Insufficiently

outlined a plan

for hiring and

retaining

competent,

motivated

employees for

your business.

Partially outlined

a plan for hiring

and retaining

competent,

motivated

employees for

your business.

Satisfactorily

outlined a plan

for hiring and

retaining

competent,

motivated

employees for

your business.

Thoroughly

outlined a plan

for hiring and

retaining

competent,

motivated

employees for

your business.

3. Prepare an outline for

a “pitch,” i.e., a short 20–

30 minute business plan

presentation that will be

made to lenders or

investors.

Weight: 35%

Did not submit or

incompletely

prepared an outline

for a “pitch,” i.e., a

short 20–30 minute

business plan

presentation that

will be made to

lenders or investors.

Insufficiently

prepared an

outline for a

“pitch,” i.e., a

short 20–30

minute business

plan presentation

that will be made

to lenders or

investors.

Partially prepared

an outline for a

“pitch,” i.e., a

short 20–30

minute business

plan presentation

that will be made

to lenders or

investors.

Satisfactorily

prepared an

outline for a

“pitch,” i.e., a

short 20–30

minute business

plan presentation

that will be made

to lenders or

investors.

Thoroughly

prepared an

outline for a

“pitch,” i.e., a

short 20–30

minute business

plan presentation

that will be made

to lenders or

investors.

4. Two (2) references

outside the textbook

Weight: 5%

No references

provided

Does not meet

the required

number of

references; all

references poor

quality choices.

Does not meet the

required number

of references;

some references

poor quality

choices.

Meets number of

required

references; all

references high

quality choices.

Exceeds number

of required

references; all

references high

quality choices.

5. Clarity, writing

mechanics, and

formatting requirements.

Weight: 10%

More than 8 errors

present

7-8 errors present 5-6 errors present 3-4 errors

present

0-2 errors present