We are a federally incorporated nonprofit who is getting ready to launch and actively seeking funding. We have a business plan that we created upon inception but it is not very accurate and we were hoping someone could help us budget a more realistic one for our launch and requests for funding. With any launch, having a financial plan is one of the keys to success, and we would like to involve students in creating one for our venture.

This will involve several different steps for the students, including:

• Learning about our business strategy from various employees to become familiar with our goals, mission, and products.
• Creating forecasts using Excel (or another financial software) for sales in the first year of operation as well as an income projection (conservative and aggressive).
• Working with our team to develop an expense budget.
• Conducting a break-even analysis timeline using financial projections.
• Reporting on projected assets and liabilities.
• Including visual comparisons such as graphs and charts to show the differences between the conservative and aggressive income projection.

By the end of the project, students should complete the following list of activities (this is basically a retelling of the steps above):

• Completed a cost forecast and an income projection from our student research repository plan to generate funding to sustain our operations for the first year of operations.
• Conducted a break-even analysis using the sales forecast and expense budget.
• Analyzed projected assets and liabilities our company will have in the first year of operations.
• Included extra visuals in the report to help us understand the differences between the conservative and aggressive income projections.

Final deliverables:

• A final report including a sales forecast, income projection, expense budget, break-even point, assets, liabilities, as well as any calculations and assumptions used.
• A 30-minute presentation explaining all research and findings from the report.

https://docs.google.com/file/d/1RilB6pIltnDnk1I8O3x6Hi3dVj4gUBif/edit?usp=docslist_api&filetype=mspresentation

Students will connect directly with us for mentorship throughout the project. We will be able to provide answers to questions such as:

• What does our company do?
• Where will we be located? Who is our target audience?
• How much money do we have to start? How much are we seeking from investors?
• What type of expenses are we anticipating?