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Financial Insights and Business Intelligence - Project 1 Essay

   

Added on  2023-06-13

12 Pages2892 Words282 Views
Financial Insights and
Business Intelligence -
project 1 Essay

Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
PROJECT IDEA..........................................................................................................................3
FINANCIAL PLAN....................................................................................................................4
FINANCIAL ANALYSIS...........................................................................................................7
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................10
APPENDIX....................................................................................................................................11

INTRODUCTION
Business growth plans are one- to two-year descriptions of where a firm wants to be in the
following year or two. The progress policy should be planned in such a move that it agrees to
each sector. The organisation may look back at what targets were fulfilled and what goals were
missed at the conclusion of each quarter (Tipu, 2018). The business chosen for the following
report is Yum! Brands. The following report highlights how the business chosen in the report is
looking for growth prospects. The selected growth prospect is then analysed in detail. Its
projected cash flow statement, balance sheet statement, profit and loss statement is presented
following the interpretation about how profitable the growth prospect of the business is.
MAIN BODY
Yum! Brands, Inc. is a drive-thru eatery chain. YUM Restaurants China, YUM Restaurants
International, Taco Bell USA, KFC USA, Pizza Hut USA, and YUM Restaurants India are the
organization's six functional areas. It makes, works, establishments, and licenses a worldwide
eatery framework that plans, bundles, and sells a menu of sensibly evaluated food things. Every
one of the organization's ideas has its own menu things and spotlights on the development of
cooking utilizing an assortment of items, as well as plans and unmistakable flavors, to make
engaging and phenomenal dinners (Götz, 2020). Feast in, carryout, and drive-through or
conveyance are on the whole accessible in its customary cafés. Express units and booths, which
have a more restricted menu and work in modern areas, for example, shopping centers, air
terminals, fuel administration stations, train stations, trams, general stores, arenas, carnivals, and
universities, are among the organization's contemporary units, which are fundamentally
authorized outlets. Yum! Brands was laid out in 1997 and is situated in Louisville, Kentucky.
PROJECT IDEA
A business project is one that is intended to achieve a specific business objective. Carrying out
another overall record framework, for instance, may be the objective of an IS or IT project. It is a
business project since it intends to accomplish a business objective (the new broad record
framework). The business project is intended to achieve a particular goal of the organisation.
This goal may or may not help th business in increasing its profits but is required by the business
for different reasons.

The company chosen in this report is Yum! Brands. The project idea of this business is one
which is critically made, after detailed analysis of the current conditions of the business and
keeping in mind Covid-19 pandemic.
The business is planning to take up a project specifically in the Asian countries. The business is
planning to set up an all vegan restaurant in the Asian countries (Gassner, 2021). The restaurant
will provide new type of food products which will be produced using vegan products. The
demand for vegan products has increased in the past 6-7 years after researchers have found the
worse impacts of production of diary products and use of animals in producing foodprodcts. The
main aim of this business unit will be to reduce these worse impacts on the environment and
produce ethically. The Asian market is chosen up due to the lack of vegan businesses in the
market. Even though the idea is new in the market, the advertising of the business would make it
a huge success. Asian market has developed more healthy and progressed demands in the
consumption of goods after the covid-19 pandemic. The time period of the establishing this
project is a great decision. The business project will require an amount of fresh capital of
$1000000. This amount will be used in the different processes to make the business idea work.
The company chosen does not have much competitors in the Asian markets who deal in vegan
products. There are businesses who have similar products but their reach is small and they does
not pose any potential threat on the new start-up. The current plan will be beneficial for the
company as this will bring a new face in the Asian market by dealing in the vegan products.
FINANCIAL PLAN
A monetary arrangement is an archive that contains data on an individual's present monetary
circumstance, long haul monetary objectives, and strategies for accomplishing those objectives.
A monetary arrangement starts with an intensive evaluation of an individual's present monetary
circumstance and future objectives, and it tends to be grown autonomously or with the help of an
affirmed monetary organizer. An overview of a company's financial needs or future goals, as
well as how to meet them. Corporate financial planning entails determining which investments
and activities are best suited to the company's specific and larger economic situations (Schwafert,
2021). When all other factors are equal, short-term financial planning includes less risk than
long-term financial planning because market patterns are more predictable in the short run.
Short-term financial plans are also easier to change if something goes wrong. Following are the
projected future financial plans for the new idea that the Yum! Brands will be taking up. The

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