Busn278 course project | Business & Finance homework help


BUSN278 Course Project




Project Overview




This is an specialal device where you gain be acting as a consultant to an entrepreneur who wants to set-on-pavement a new exchange. As the consultant, you’ll compose a 5-year budget that supports the entrepreneur’s prospect and diplomacy, as well-mannered-mannered-mannered as the needs for equipment, work, and other set-on-foot-up requires.




You can elect from one of three types of new exchange set-on-foot-ups—a landscaping assembly, a restaurant, or an electronics ammunition that sells controlable computing devices. Each exchange has its own exchange imagine detailed in the exceptions beneath. The design of the exchange imagine is to regulate you in mind the opportunity of the exchange, the entrepreneur’s set-on-foot-up requires, and financial presumptions.




The device requires you to compose a written budget aggravateture, a sustaining Excel workbook showing your calculations, and a PowerPoint endowment summarizing the key elements of the budget aggravateture, which you usurp gain be presented to a superintendence team.




This is an specialal device. Each week you gain completion a exception of the device in exhaust imagine. In Week 7, you gain comply the developed account of the device’s budget aggravateture, budget workbook, and budget endowment in PowerPoint.




Deliverables Schedule and Points








Section 1.0 Executive Summary (Draft)



Section 2.0 Sales Forecast (Draft)



Section 3.0 Capital Expenditure Budget (Draft)



Section 4.0 Investment Analysis (Draft)



Section 5.1 Pro Forma Proceeds Statement and 5.2 Balance Sheet (Draft)



Section 5.3 Pro Forma Money Budget (Draft)



Final Budget Proposal



Final Endowment delay PowerPoint



Total device points




Business Profile:Papa Geo’sRestaurant








The prospect of the entrepreneur is to compose a single-location, sit-down Italian restaurant determined Papa Geo’s. The design is to produce an proceeds of $40,000 per year, set-on-footing sometime in the second year of action, as well-mannered-mannereds as acquisition that is at littleest 2% of sales.








a) Negotiate Focus and Analysis


The restaurant targets middle- to inferior middle-class families delay manifestation, as well-mannered-mannered-mannered as adults and seniors, located in Orlando, Florida. The area delayin 15 minutes of the ammunition has 10,000 families, chiefly from inferior to middle-class neighborhoods. Mean lineage bulk is indelicate vulgar per household. There is no straightforward competition; at-last, there are unswerving subsistence restaurants affect McDonald’s, Taco Bell, and Wendy’s in the geographical target negotiate. The inferior to middle-class population is growing at encircling 6% per year aggravate the proximate 5 years in this area.




b) Product


The issue is Italian subsistence served buffet diction, in an all-you-can-eat imagineat, delay a salad bar, pizza, distinct divergent types of pasta delay three or indelicate types of sauces, soup, desserts, and a self-serve soda bar. The restaurant is too to possess a 500 clear pavement gaming area that has amusement muniments that manifestation would be ardent in using.




c) Account of Competition


Customers end to this restaurant owing of the good-tempered-tempered Italian subsistence at a low price—you can get a frugality for $7, including drinks. Customers too eat at Papa Geo’s due to the cleanliness of the dexterity, the press of getting seated and served, and the amusement muniments that continue the manifestation engaged opportunity adults possess their frugality.




Start-Up Requirements*




Given Costs


  • The require of recording a poor obligation assembly in Florida—filing fees listed at the groundwork of the collision located at http://form.sunbiz.org/pdf/cr2e047.pdf

  • Renovation of the dexterity expected to require $15,000

  • Business prophylactic, regardd at $1,000 per year

  • Health and other benefits at 20% of the salaries of the balanceseer and confederate balanceseer


Costs you should regard through examination, trial, or other methods


  • Soda fountain bar
  • Two pizza ovens
  • Salad and pizza/dessert bar
  • Approximately 100 clear pavement wholesale refrigerator
  • Two money records
  • Six video amusement muniments
  • Management function delay desk and inferior priced laptop computer
  • Staff lunchroom equipment such as microwave, attenuate, cupboards, and refrigerator
  • 20 indelicate-seat considerations delay chairs
  • Busing cart for transporting slight dishes from the dining area to the dishwashing area
  • 140 sets of dishes, including cutlery and drinking cups
  • Commercial dishwasher
  • Miscellaneous cooking and subsistence handling equipment affect trays, lifters, spoons, pots, and so on
  • The require of an mean of seven employees on the payroll
  • All uncounted requires, such as advertising, schism for a 3,500 clear pavement dexterity delay manly and femanly washrooms (already domiciled), utilities, subsistence, and annual depreciation




*If you possess questions encircling set-on-foot-up requirements, or opine that other set-on-foot-up requires indispensable for the exchange are privation, then bring-about an presumption and say it in the bearing exception of the rumor.




Given Financial Assumptions*


  • The proprietor gain be granted a advance for the judicious set-on-foot-up, repayable aggravate 10 years at curschism curiosity-behalf rates for little exchange advances.
  • The proprietor gain use specialal stocks to act the exchange until it produces ample money course to stock itself.
  • Essentially, all sales are made by trustworthiness card. All trustworthiness card sales are compensated to the restaurant daily by the trustworthiness card assembly.
  • A completion of 2.5% of sales are compensated to the trustworthiness card assembly in fees.
  • Food suppliers communicate 30 days of exchange trustworthiness.
  • Inventories are expected to be almost 10% of the subjoined month’s sales.
  • The mean frugality requires $4 in materials and work.
  • The mean lineage spends $4 on vending muniment tokens.
  • Equipment is depreciated on a straight-line account aggravate 5 years.
  • Managers possess bloom benefits, and other workers do not. The assembly gain act from 10:00 a.m. to 9:00 p.m., 7 days a week.
  • The entrepreneur gain control the ammunition and attract a hire.
  • Every change has one special on the money record, one continueing the subsistence bars swarming delay subsistence, two cooking the subsistence, one on busing and consideration cleaning, a balanceseer, and an confederate balanceseer.




*If you prize any other presumptions are indispensable, content say them in your budget aggravateture.