Second Attempt Assignment 2: Business Plan Breakdown 3—The Simplified Financial Plan

ATTACHED YOU WILL FIND ASSIGNMENTS 1, 2 & 3:

1. Assignment 3 needs to be redone to include the Consulting Company's Name (this is the business venture - Call/Name It MSOL Consoluting) and the Financial Plan (which needs to be properly formatted).. 

2. Who are our clients? (Choose a healthcare organization which you are overseeing the transition of the clinical engineering department)...

3. SEE BELOW for all other requirements.... 

Assignment 2: Business Plan Breakdown 3—The Simplified Financial Plan

This is the third milestone of your business plan—the financial plan.

Tasks:

Research the costs, financial statements, cash flow, and risks of your chosen project. Based on your research and the knowledge you have gained from the course, create a simplified 4- to 5-page financial plan including tables and charts. For the financial plan:

• Estimate the capital requirements, use of capital, start-up requirements (if applicable), and other probable costs involved in the implementation and subsequent operation of your project.
• Identify the sources of financing.
• Define a payback period.
• Prepare cash flow projections.
• Prepare a projected balance sheet representing the end of the first calendar year of operations and defining assets and liabilities, both current and long term.
• Prepare income statement projections for the end of the first calendar year of operations, including charts showing gross revenues, gross profit, and net income.
• Define the meaning of a break-even analysis and prepare an analysis appropriate for your project.
• Prepare a ratio analysis, including the definition and value of the following ratios (whichever applicable)—current, quick, debt, debt-to-equity, average inventory turnover, receivables turnover, payables turnover, net sales to working capital, net profit to sales, and net profit to equity.
• Prepare a list of possible risks associated with the implementation and future operation of your project and describe the significance of each of them.