This Module has three (3) assignments:
1. Create your Estimated Start-up Costs Statement: For this assignment, you will be considering and recording the one-time expenses required for opening your business. Use the Start-Up Cost sheet on this Biz Builder Financial Statement file Download Biz Builder Financial Statement fileto estimate and record the costs and items necessary to start your business.
KNOW THIS: You will use this same Biz Builder Financial Statement Template for the remaining financial statement assignments and submit your completed version with your final business plan submission.
Your Estimate Start-up Costs are an important portion of your business plan, so details are beneficial. You may have to change the categories listed on the start-up sheet to make it specific to your business. Submit your Start-up in the Biz Builder Excel file format only. You will use the Biz Builder Financial template for the remaining financial statement assignments, as they are integrated into this document.
2. Biz Builder Business Plan Questions
- Complete
- 7.0 Financial Analysis and Projections- A & B
- 7.1 Sources and Uses of Capital – A through D
- 7.2 Cash Flow Projections- A This will be based on the results of your Estimated Start-up Cost statement.
- Be sure to reference the Business Plan Template when completing this assignment, as it includes supporting charts, etc. for this topic. You’ll want as much detail as possible now, rather than going back to complete this section.
3. Merchant Credit Cards
Research and submit a detailed summary of the topic of merchant credit card accounts for your business. This is the credit card equipment/service that is required to allow your customers to use their credit cards to pay you. Be sure to include the costs, requirements and restrictions, etc.? Be sure to include your article or a link to the article for full credit.