Assignment 4: Supply Chain Management and Financial Plan
Due Week 10 and worth 135 points “One of the most important steps in launching a new business venture is fashioning a well-designed, practical, realistic financial plan.” (Scarborough & Cornwall, 2015, p. 454). With this assignment, you are creating two important elements of a financial plan: an Income Statement and Balance Sheet. You also are preparing an outline of a presentation of your business plan to potential investors or lenders. Using the business you created from Assignments 2 and 3, write a three to four (3-4) page paper in which you:
1. Prepare a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan.
2. Outline a plan for hiring and retaining competent, motivated employees for your business.
3. Prepare an outline for a “pitch,” i.e., a short 20-30 minute business plan presentation that will be made to lenders or investors.
4. Include at least two (2) references outside the textbook.
Your assignment must follow these formatting requirements:
· This course requires use of Strayer Writing Standards (SWS). The format may be different than other Strayer University courses. Please take a moment to review the SWS documentation for details (more information and an example is included in the Strayer Writing Standards left menu link).
· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.
The specific course learning outcomes associated with this assignment are:
· Analyze the key financial management considerations in operating a small business, including sources of financing.
· Determine the various control and support functions needed to manage a small business.
· Use technology and information resources to research issues in small business management.
· Write clearly and concisely about small business management using proper writing mechanics.
Click here to view the grading rubric.
Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric.
| Points: 135 | Assignment 4: Supply Chain Management and Financial Plan | ||||
| Criteria | Unacceptable Below 60% F | Meets Minimum Expectations 60-69% D | Fair 70-79% C | Proficient 80-89% B | Exemplary 90-100% A |
| 1. Prepare a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan. Weight: 25% | Did not submit or incompletely prepared a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan. | Insufficiently prepared a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan. | Partially prepared a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan. | Satisfactorily prepared a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan. | Thoroughly prepared a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan. |
| 2. Outline a plan for hiring and retaining competent, motivated employees for your business. Weight: 25% | Did not submit or incompletely outlined a plan for hiring and retaining competent, motivated employees for your business. | Insufficiently outlined a plan for hiring and retaining competent, motivated employees for your business. | Partially outlined a plan for hiring and retaining competent, motivated employees for your business. | Satisfactorily outlined a plan for hiring and retaining competent, motivated employees for your business. | Thoroughly outlined a plan for hiring and retaining competent, motivated employees for your business. |
| 3. Prepare an outline for a “pitch,” i.e., a short 20–30 minute business plan presentation that will be made to lenders or investors. Weight: 35% | Did not submit or incompletely prepared an outline for a “pitch,” i.e., a short 20–30 minute business plan presentation that will be made to lenders or investors. | Insufficiently prepared an outline for a “pitch,” i.e., a short 20–30 minute business plan presentation that will be made to lenders or investors. | Partially prepared an outline for a “pitch,” i.e., a short 20–30 minute business plan presentation that will be made to lenders or investors. | Satisfactorily prepared an outline for a “pitch,” i.e., a short 20–30 minute business plan presentation that will be made to lenders or investors. | Thoroughly prepared an outline for a “pitch,” i.e., a short 20–30 minute business plan presentation that will be made to lenders or investors. |
| 4. Two (2) references outside the textbook Weight: 5% | No references provided | Does not meet the required number of references; all references poor quality choices. | Does not meet the required number of references; some references poor quality choices. | Meets number of required references; all references high quality choices. | Exceeds number of required references; all references high quality choices. |
| 5. Clarity, writing mechanics, and formatting requirements. Weight: 10% | More than 8 errors present | 7-8 errors present | 5-6 errors present | 3-4 errors present | 0-2 errors present |
