Operations, Technology, Management, and Social Responsibility Plan (With Financials)

Thank you for your response! A good draft of your financials! Please check and adjust the following: Sales Projections- our goal is to reach total gross sales of over 1 million by the end of the second year. Your sales are too high for a startup in the first year. Identify the product lines in the first column to the left. How to complete the Sales Projections worksheet Inventory- the Inventory Expense must equal the Cost of Goods Sold for every month and product line, for the first two years. Identify the items in your inventory. How to complete the inventory worksheet – with example Capital Expenditures- rent and utilities should not be reflected on this worksheet. Remove and input these in the income statement. How to complete the Capital Ex worksheet Staff budget- As your business grows, increase the number of employees. You should have more employees and managers in the second year than in the first year. How to complete the Staff Budgeting worksheet Marketing budget- Input the one-time cost of developing the website. Capital Investment – input the funds you plan to raise from investors (required per the guidelines). The funds from investors can be from angel investors, venture capitalists etc. These are equity investments so you will note in your paper the percentage of your company you will be willing to give in exchange for these funds. How to complete the Capital Investments worksheet Cash Flow Statement- The income tax payment must match the provisions for taxes on income on the income statement. How to complete the Cash Flow Statement worksheet Be sure to complete the worksheets per the instructions in the Guidelines documents. Please adjust for Assignment 3. Make sure your financials reflect the information you used in your business plan (assignments 1-3).Check the videos for more details. You will continue to adjust this document as you develop your Assignment 3 and as needed until you submit the final version of the business plan. Keep up the good work. Dr. B