Answer the following questions and submit The budget and the projection pages from the Excel file. Complete the planning of budget (Excel: there are two sheets for the excel) and based on your plan to answer the questions.
1. Describe your business idea:
2. What are your revenue assumptions?
3. What are your major expense assumptions?
4. Did you need to make adjustments to the cash flow section? How much of an investment would be needed to make the idea viable?
5. Review the Gross Profit Margin and Net Profit (Loss) Margin for the 1st year and projection years. Does the idea appear viable?
6. Please complete the excel file of “budget, cash flow & projection template.xls”, I have attached the example of that.
