A2 Applied Business Unit 8: Business Planning Task 6 Worksheet Task Six: Financial Planning YOU CANNOT START AND/OR COMPLETE THIS WITHOUT A FINAL SALES FORECAST AND A LIST OF ALL YOUR OPERATIONAL COSTS ------------------------------------------------- Lesson breakdown ------------------------------------------------- Lesson 1: • Introduction to Financial Planning and how do we create an integrated plan: Focus on cash flow forecast using operations plan ------------------------------------------------- Lesson 2+3: Cash flow analysis and develop aims and objectives; ------------------------------------------------- Introduce ‘ILP-time-off’ work to do ------------------------------------------------- Lesson 4: Cash flow …show more content…
Profit and Loss Account 1 : Your initial forecast used to help identify problems | a) Analysis needs to consider: | I. You must have an in-depth explanation of how these could achieve the aims and objectives of your business proposal. | II. Research used to underpin and develop aims and objectives/ownership/key personnel | III. Research used to underpin and develop business idea | IV. Identify problems and solutions with your plan (develop it) and also your aims and objectives: | V. What changes to your original idea/USP/aims do you have to consider in light of this new data? | 6. MB4 Profit and Loss Account 2: A worked example of your solutions to your identified problems in P&L1 | b) Analysis needs to consider: | VI. You must have an in-depth explanation of how these could achieve the aims and objectives of your business proposal. | VII. Research used to underpin and develop aims and objectives/ownership/key personnel | VIII. Research used to underpin and develop business idea | IX. Identify problems and solutions with your plan (develop it) and also your aims and objectives: | X. What changes to your original idea/USP/aims do you have to consider in light of this new data? | FINANCIAL RATIOS | 7. Financial Ratios: Gross and Net Profit for P&L account 1 | a) Analysis needs to consider: | I. You must have an in-depth explanation of how these could
This assignment has been produced to provide evidence of my organisations goals & objectives, the evidence provided gives clear distinction between the goals & objectives of my organisation.
a. Why is it preferable to separate need identification and defining commercial equivalents into two separate stages?
¿Use the strategic goals to develop a goal for each of the four aspects. Now, be creative, what should the critical success factors and measurements be?
G. Design an effective solution to your most critical issue, justified with insights from your cultural analysis in F. Explain how your solution will make the achievement of the goal (see p. 1) possible. Explain how it will be handled by each key player and why the solution will be accepted by them (use conclusions from your cultural analysis described above to justify the feasibility and effectiveness of the proposed solution).
1. An introduction that defines a problem, stresses its importance, and offers a brief description of the proposed solution. An analysis of the problem, discussing its causes and its effects. A detailed plan that shows step by step how to solve the problem. A costs benefits analysis that that measures the benefits of the plan against its costs. A conclusion that looks to the future and stresses the importance of taking action.
1.2 Describe the components of a plan which manages the team’s use of resources to achieve the teams objectives...........................................................................................................................7
a. Describe valid funding source and justification for how the program plan meets the requirements of the grant
9. What is your mission and can you identify the strengths and weaknesses of your program?
c. How should your recommendation be implemented? What implementation challenges do you foresee? How would you address those challenges?
9. What is your mission and can you identify the strengths and weaknesses of your program?
4. Action: List and describe 4-5 action steps to turn your plan into reality and implement the plan
1. Describe the essential parts of planning. How does the existence of resource constraints affect the need for planning?
2. For each specific problem, Identify the solutions developed or proposed in the case, to address the specific problem, business activity/process, and functional area
3. Make a plan to solve these problems – The solutions might require a new recruiting system, fresh branding or other improvements. Seek simple but specific answers.
(3) Problem Definition From the wider background, you have just described you should select a management problem and explain it clearly.