Business Finance Homework Help

The financial plan must be based on decisions and facts. Investors want to know whether your business plan is realistic.

For This Week’s Discussion, Please Respond to the Following

Provide a written overview of the plan assumptions and key financials based on the information contained in your business plan and your Business Plan Financials Excel Template.

Use headings (bold) to address each required topic. 

Be sure to include:

Key Financial

Specific Worksheet in the Business Plan Financials Excel Template where the information can be found

Projected Sales

Sales Projections  worksheet

Personnel Overview

Setup and Staff Budgeting worksheets

Financing to Date and Funds you plan to raise from investors

Capital Investments worksheet

Use of Funds

Capital Expenditures worksheet

Break-Even Analysis

Break-Even worksheet

Projected Profits

Income Statement worksheet

Important: do not copy tables from the Excel document in your discussion response.  This is an overview of the key financials.

You will use the information from this discussion post in the Week 10 assignment, Business Plan—Final.

A bullet point under Part 1 asks you to incorporate financial information that will help to convince the investors.

Café Boomers Company Business Operations

The Business operates in owned business premises. The premises are a family building which is located at the heart of the in Washington Dc. The location is suitable for the Business since the large population has the advantage, which will provide the needed market for the organization’s products and services. Café Boomers operates five days a week, starting from Monday to Friday, with 8 hours of operation in a day. For a start, the building will serve both as a processing spot and an office where orders will be made, and all logistic works will be arranged and directed.

The Business operates at a significant scale level, which means it has a large volume of employees with a substantial workload. The workload involves Processing (canning, drying, freezing, and preparing juices, jams, and jellies) to increase the shelf life of fruits and vegetables. Processing steps include preparing the raw material (cleaning, trimming, and peeling followed by cooking, canning, or freezing. Plant operation is often seasonal.

The estimated cost of utilities (water/sewer, gas, electricity, and trash removal):

The cost of water/sewer for the first month is 30 dollars, electricity will cost 50 dollars per month, and trash removal will need 20 dollars.

Production Process

The first part of the production process is receiving the raw materials, which will come from suppliers. The Suppliers serve the Company by making available the needed materials for the Processing of the products of the Company. The supplies are brought every Monday and paid for via the Company’s bank every Friday. They include fruits, greens, and herbs, which are essential in coming up with the Company’s products. These products are in the form of fruit drinks, among other forms of fruit ingredient solutions.

There is a variety of equipment for the Business, which are listed below.

1. Knives & boards costing 200 dollars
2. Hand-held peelers costing 150 dollars
3. Automatic peelers (Apple Peeler and Rotator Express) costing 200 dollars
4. Kitchen mandolin costing 150 dollars
5. Choppers (Food processor/Swizz Prozz) amounting to 150 dollars
6. Onion chopper/dicer costing 200 dollars
7. Fry cutter costing 150 dollars
8. Grater (Drum Grater) costing 230 dollars
9. Salad spinner costing 160 dollars
10. Garlic press (Garlic Genius) costing 260 dollars

Capacity produced and quality control techniques

The capacity to produce depends on the orders made by the clients in which each day there is the Processing of 2 tons of Fruit ingredient products. On some successful days, the capacity increases to 10 tones which are distributed to the customers daily. Our approach to quality control involves thorough checks by the quality department, which consists of 4 personals who are highly trained in the matters of quality assurance to our customers. They both hold degrees in their respective fields and have not less than five years of experience in their respective fields.

Where Our Supplies Come From

Since Washington DC is known to be among the states which are well-known for agricultural produce, the supplies needed for the operation of the Business must just be coming from the local farmers around. The local farmers provide the Company with agricultural stores, which play an essential role in producing and processing the Company’s products. In general, the turnaround time needed to make at least say 1 kilogram of our product is 10 minutes, including the packaging process.

Research and Development

There are groups of personals working in the quality control department engaged in research on better ways to improve the quality of our products. There is a lab set for this kind of work where the assigned workers have access to whatever they need to make sure that our products evolve with the new developments in the industry. Some of the new products underway include dried fruits entering the market as mixes and among other products. These products are more developed than the ones in the market as they are sweetened, flavored, enriched with vitamins. We also have new frozen fruit products coming in a package that contains mixes of various fruits.

Personnel Needs in Operations.

The Company has several 15 employees, which includes the manager and assistant manager.

1. The manager will work to oversee all the Company’s operations while being assisted by the assistant.
2. Two quality control officials are in charge of ensuring that the products perfectly fit our clients’ needs.
3. Two drivers take care of deliveries while being escorted by one associate, each of those whose work is to help in loading and offloading the products.
4. Two security officials are at the gate of the premises to take care of the security measures.
5. One technician who takes care of the Company’s machines and technical issues.
6. The remaining five employees are engaged in the processing room, where much of the work is done to ensure that customer orders are met.

References

Persistence Market Research. (2021). Food Processing Ingredients Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 – 2028. Persistence Market Researc