Financial Final Report

Financial Final Report - The Potters Financial Model Report...

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Unformatted text preview: The Potters Financial Model Report Prepared by: Leanne Martin PFP 4361 Personal Finance August, 2011 The Potter Family Financial Model Report EXECUTIVE SUMMARY As the financial student at Texas Tech University, Department of Personal Finance, Leanne Martin is responsible for all financial modeling and analyses of the observations and recommendations for the Potter Family. The key deliverable is the Financial Model, a pro-forma illustrating the estimated financial impact of implementing the recommendations of the advisor. The analysis is not a definitive and/or detailed study of all the costs and all the benefits. It quantifies, at a high level, recommendations having the largest financial impact, their value, and their timing. The objectives of the Financial Model: Develop a common understanding of the finances and goals of The Potter Family; Identify key immediate actions to improve the Potter familys finances; Develop a Financial Model to illustrate the value of the recommendations; Identify the long term ways the Potters can reach financial indepence and retirement; Specify formulae, standard costs, and templates to aid the Potters in the development of their financial estimates. Leanne Martin Page 2 The Potter Family Financial Model Report Leanne Martin Page 3 The Potter Family Financial Model Report KEY DRIVERS OF COST AND BENEFIT The The Potter Family is based on the principle that maximum organizational effectiveness is best achieved by defining business processes along 4 dimensions: Financial; Organizational; Technological; and, Value to customers As a result, the process re-design phase of the The Potter Family is expected to yield substantial changes in the organizational structure and information technology infrastructure with a corresponding financial impact. The total financial impact will have both an annual component as well as one-time implementation costs as follows: One-time Impact Periodic or Annual Impact Severance and Outplacement Information Technology Acquisition Custom Software Development Project Management Communications Training Consulting Human Resources Implementation Management Manpower Savings Supplies and Services Savings Information Technology Maintenance Costs Operating Costs Telecommunications Costs Outsourcing Costs Leanne Martin Page 4 The Potter Family Financial Model Report It is important to note that certain recommendations may not impact the operating budget of XYZ directly. However, they do have a cash impact to the whole of the Government and should be quantified where possible. The following have been identified: Occupancy Costs With a large reduction in manpower, a corresponding reduction in total office space required is likely to result....
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Financial Final Report - The Potters Financial Model Report...

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