Financial Plan For Business : Assignment

Added on - 21 Feb 2021

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Financial PlanForBusiness
Table of ContentsThe Financial Plan...........................................................................................................................3Income Statement Forecast:...................................................................................................4Balance Sheet Forecast:..........................................................................................................4Cash Flow Forecast:...............................................................................................................5REFERENCES................................................................................................................................6
The Financial PlanFinancial Plan of business exhibits whether idea of business of Eco- friendly Strawcompany is viable or feasible. It also act as focus area for investors who are interested in ourbusiness idea. The entire financial plan section comprise three financial forecast: incomeforecast, cash flow forecast and balance sheet forecast and along with explanation and analysisof these forecasts. Company has an unique idea of launching of Eco- friendly straws which iscurrently in trend. These straws are outstanding manner to protect enamel on teeth along withprotection of environment. Daily thousands and lacs of straws are utilize in country.Replacement of these ordinary plastic straws with eco- friendly straws can minimise use ofplastic which is not good for environment.Thus Company will launch four major products: Natural Wheat Drinking Straws,Biodegradable Bamboo Straw, Milk Flavouring Straw and Edible Straws. Based on theseproducts company's forecasted revenue will be AUD 115600.00. This figure is aggregate total ofthese four products' total sales which are, as follows:Forecasted RevenueUnits sold(annually)Averageprice perunitAnnualrevenueper productNatural Wheat Drinking Straws270105.0028,350.00Biodegradable Bamboo Straw42095.0039,900.00Milk Flavouring Straw25075.0018,750.00Edible Straws52055.0028,600.00Total of Forecasted Revenue1,15,600.00Based on current business scenario it has been forecasted that sale of Edible Straws willbe highest 520 units annually. While overall revenue of Biodegradable Bamboo Straw isestimated to be highest AUD 39900. Further company under financial plan also estimated grossmargin on each product. Margin on edible straw is 30% and natural wheat straw is 32%. WhileBiodegradable Bamboo Straw will be sold at gross margin of 27% and Milk Flavouring Straw 'sgross margin will be 22%.
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