Wright State University Business Plan Financial Management Essay

we have a group project to write a business plan for organic beauty products.

I’m responsible to write the Financial management part. For organic beauty products calculate business startup costs before launch? identify startup expenses? estimate how much expenses will cost? add up expenses for a full financial picture? use your start-up cost calculations to get start-up funding.

How much money will it take to start your small business? Calculate the startup costs for your small business so you can request funding, attract investors, and estimate when you will turn a profit

Provide a projected one year financial statement with the budget. Include the following in your PowerPoint and your paper: Projected Balance Sheet, Projected Income Statement, and a Projected Statement of Cash Flow. All will be 12 months forward. Don’t forget to include rent and utilities

Include the amount of start-up money that you will be requesting (if any) from the Small Business Association in your presentation and your paper, this should be one quarter of your projected annual budget. Be prepared to share how you plan to utilize this amount of money.