{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Budget Project - DeVry University Course Project...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
DeVry University Course Project Description BUSN278 Budgeting and Forecasting BUSN278 Course Project. Project Overview: This is an individual project where you will be acting as a consultant to an entrepreneur who wants to start a new business. As the consultant, you’ll create a 5 year budget that supports the entrepreneur’s vision and strategy, as well as the needs for equipment, labor, and other startup costs. You can choose from one of three types of new business startups -- a landscaping company, a restaurant, or an electronics store that sells portable computing devices. Each business has its own Business Profile detailed in the sections below. The purpose of the Business Profile is to guide you in understanding the scope of the business, the entrepreneur’s startup costs, and financial assumptions. The project requires you to create a written budget proposal, a supporting Excel Workbook showing your calculations, and a PowerPoint presentation summarizing the key elements of the budget proposal, which you assume will be presented to a management team. This is an individual project. Each week you will complete a section of the project in draft form. In Week 7, you will submit the final version of the project’s Budget Proposal, Budget Workbook, and Budget Presentation in PowerPoint. Deliverables Schedule / Points Week Deliverable Points 1 Section 1.0 Executive Summary (Draft) 10 2 Section 2.0 Sales Forecast (Draft) 10 3 Section 3.0 Capital Expenditure Budget (Draft) 10 4 Section 4.0 Investment Analysis (Draft) 10 5 Section 5.1 Pro Forma Income Statement (Draft) 10 6 Section 5.2 Pro Forma Cash Flow Statements (Draft) 10 7 Final Budget Proposal 90 7 Final Presentation w/ PowerPoint 30 Total project points 180 Copyright ®© 2010 by DeVry Educational Development Corporation. All rights reserved. No part of this work may be reproduced or used in any form or by any means – graphic, electronic, or mechanical, including photocopying, recording, Web distribution or information storage and retrieval systems – without the prior consent of DeVry Educational Development Corporation. Page 1 of 9 69388c9713990fd57291067fe41622c1c2d541a1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Business Profile: Papa Geo’s – Restaurant Vision The vision of the entrepreneur is to create a single-location, sit-down Italian restaurant called Papa Geo’s. The goal is to generate an income of $40,000 per year, starting sometime in the second year of operation, as wells as profit that is at least 2% of sales. Strategy a) Market Focus/Analysis The restaurant targets middle to lower-middle class families with children, as well as adults and seniors, located in Orlando, Florida. The area within 15 minutes of the store has 10,000 families, mostly from lower to middle class neighborhoods. Average family size is 4 people per household. There is no direct competition; however, there are fast food restaurants like McDonald’s, Taco Bell and Wendy’s in the geographical target market. The lower to middle class population is growing at about 6% per year over the next five years in this area.
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.
  • Spring '10
  • J.KHowel
  • DeVry Educational Development, DeVry Educational Development Corporation, Educational Development Corporation

{[ snackBarMessage ]}