Assignment: Strategic Plan- Financial Plan
Create 3 to 5 years financial plan to implement the goals and objectives created in your strategic plan. The deliverables for the financial plan include a projected budget created in Microsoft Excel and a report in Microsoft Word that clarifies and explains the financial plan.
Section I: Projected Budget
Create a projected budget.
i. The projected budget should be a Microsoft® Excel® spreadsheet that contains 3 to 5 years financial projection that includes detailed expenditures, income, contingency, gain or loss, capital outlay, and ROI (if applicable).
Include budget strategies to increase volume and budget assumptions.
Section II: Financial Plan Explanation
Write 1,050 to 1,400 words narrative discussing the fiscal details of the plan and the assumptions that were used in developing the projected budget.
i. Include all the elements required in the projected budget.
ii. Include capital expenditure planning and contingency plans for unexpected events.
iii. Budget summary: When explaining your budget:
iv. Describe the organization's current business model.
v. Evaluate the impact of internal resources and financial capabilities on the business model implementation.
vi. Determine how the organization's internal resources and financial capabilities affect your financial plan.
vii. Determine how they will affect implementation of the plan.
viii. Explain the details of the budget assumptions and the strategies to increase volume.
Format your assignment according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.