Assignment Task
Assessment Task
You are required to produce a costed business plan for a new business launch. The plan can, within reason, be based upon any area of business activity. The business plan must contain the following key elements:
1. A summary of the business idea, an analysis of the risks that the business will face and the source(s) of initial funding for the business.
2. An outline and discussion of the key fixed and variable costs.
3. A budgeted profit forecast for the first year of operation.
4. A budgeted cash flow for the first year of operation.
5. Calculation of the breakeven point and margin of safety & Policy, Governance and Information
6. Key performance indicators (KPIs) to monitor progress towards business goals.
7. Recommendations based on the results of your analysis above
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