You are Required to Develop, Implement and Monitor a Small Business Financial Plan: Finance Assignment, CU, Australia
University | Curtin University |
Subject | Finance |
Assignment Brief:
You are required to develop, implement, and monitor a small business financial plan for your newly formed building company.
Task 1: Prepare a Business Financial Plan
To complete this part of the assessment, you are required to complete the attached business financial plan template and complete the following:
- Establish and implement the goals and objectives of your business company, detail the steps that must be taken to achieve these goals.
Note: Items b to g below should be between 200 to 400 words for each point. Ensure you answer each point in sufficient detail to present a professional business financial plan.
Are You Searching Answer of this Question? Request Australian Writers to Write a plagiarism Free Copy for You.
Include the following within your business plan:
- The Business –
- Business name
- Business summary
- Vision statement
- Business structure
- Business location/date established
- Registrations
- Staff structure
- Operational strategies
- Financial requirements/ procedures
- Business capital requirements
- Legal requirements
- Marketing strategies
Task 2: Produce Financial Budgets and Projections
As part of your business financial plan, you are required to produce financial budgets/ projections and present it to relevant stakeholders. For this task complete the following: Cash Book/ Bank Reconciliation.
You are required to produce and complete your cash book and ensure reconciliation as per bank statement for one month of trading. Refer to the Student Financial Workbook (Excel spreadsheet) attached and complete the following:
2.1 Refer to the Cashbook (actual costs) transactions table at right and enter all the transactions within the cash book provided on the next page of this assessment.
2.2 Refer to the Bank Statement below and complete the calculations for the Bank Reconciliation table on the next page of this assessment
Note: Ensure the Cash Book and the Bank Reconciliation balances.
Task 3: Prepare a Cash Flow Estimate
You are required to produce a cash flow estimate from your completed cash book. The cash flow forecast required is a three-monthly projection and can be used as evidence to meet any requirements of financial backers.
3.1 Refer to the Cash Flow Forecast template on the next page and complete all entry projections for the month of December/ January and February. For the assistance of evidence, you are required to refer to notes provided within the Cash Flow Forecast.
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
Get Help By Expert
Get help with the finance planning assignment by hiring professional assignment writers from Australia Assignment Help in Australia. Our experts and the specialists will completely help you with the finance assignment without any kind of hesitation. With our financial accounting assignments, you can understand the concept of cash flow management, Financial Budgets, Business Plan Writing, etc.
Recent Solved Questions
- FNS50210: This Unit Describes The Performance Outcomes Skills And Knowledge Required To Review: Diploma Of Accounting Assignment, SU, Australia
- MKT600: To Enhance A Clear Understanding Of The Importance Of Marketing In Modern Business Practices: Marketing Assignment, DU, Australia
- You are working on the construction of a two-storey building in which each storey has a different building classification: Structures Assignment, OUA, Australia
- CPCCBC5009A: Water supply, connection and layout are sketched for a residence connected to a town supply or a tank storage supply in accordance with relevant building regulations and standards: Building construction Assessment, QU, Australia
- Choose an aspect of personal development or character formation that you think is important to develop more in order for you to be the authentic person: Personal Development Essay, JCU, Australia
- SITHCCC007: List the Food Safety Aspects Which must be Considered During the Production of Soups Stocks: Prepare Stocks, Sauces and Soups Assignment, VU, Australia
- Sarah Smith, an 82-years-old female, has been admitted to the cardiology ward, diagnosed with unstable angina: Nursing Case Study, DK, Australia
- BSBLDR523: What Are The Importance Of The Team Purpose And Team Charter: Lead And Manage Effective Workplace Relationship Assignment, VU, Australia
- CHCDIV001: discuss cultural awareness, cultural safety, and cultural competence Reflect and list four (4) of your cultural or social values: Work with diverse people Assignment Australia
- The following career episode is on the basis of the project titled “Satellite Communication and This project was carried out by me when I was working: Telecommunications Engineer Assignment, MU, Australia