1. Prepare a financial plan for a start-up which produces a single product. You
1. Prepare a financial plan for a start-up which produces a single product. You will need to make some assumptions around the income and expenditure associated with launching this product. 2. Identify the funding requirement to produce your product and consider how you will try to fund this venture. 3. Using excel prepare profit and loss, cash flow and balance sheet for this business for the first three years of the business 4. 4. Assignment Submission should include a basic excel financial plan (15 marks) with a summary word document (15 marks) outlining: The problem Your product The Market The Team Summary Financials & Key assumptions Funding requirement and how you plan to raise funds One key risks to the business (run sensitivity analysis on these risk) and impact on Summary Financials Consider how you could mitigate these risks Note this document should be 2,500 words, max