Sales Forecast

Support,

Currently the assignment consists of Week two requirements, to which i will again attach and paste in regards to this email. First and foremost I am only asking for an acceptable SALES FORECAST as indicated in week 2’s requirements, which has to cover the required requests and match the initial executive summary for the simulated business. Please again review the instructions and complete as required. I have to have this completed in the next 12 hours to receive credit as the current paper provided will be rejected. Thank you and I look forward to your rapid response. If possible please find another writer to perform the requests if possible. Please refer to both the pasted and attached instructions.

Deliverable

Points

Section 1.0 Executive Summary (Draft)

Section 2.0 Sales Forecast (Draft)

Section 3.0 Capital Expenditure Budget (Draft)

Section 4.0 Investment Analysis (Draft)

Section 5.1 Pro Forma Income Statement (Draft)

Section 5.2 Pro Forma Cash Flow Statements (Draft)

Final Budget Proposal Template and Budget Proposal Workbook

Budget Presentation in PowerPoint

Week 2 Instructions
Briefly introduce the sales forecast section.

2.1 Sales Forecast

Here you should include a simple table showing the years and the total sales for each year, along with a brief explanation of why sales are expected to rise, fall, change, or stay the same in certain years. Provide a brief explanation of the sales forecast, indicating why you expect sales to rise or fall during the planning horizon. Your explanation should be consistent with the trends and changes in sales found in your table:

Year 1

Year 2

Year 3

Year 4

Year 5

Sales
2.2 Methods and Assumptions
Here you should describe how you arrived at your sales forecast in section 2.1. You should also provide any detailed calculations that led you to the sales forecast values. You should also summarize any research or figures that led you to make this sales forecast.

Course Project Week 2
Please see the Course Project content item under Course Home. The draft for Project Section 2.0 is due this week
BUSN278 Course Project Week 2
Project Overview:
This is an individual project where you will be acting as a consultant to an entrepreneur who wants to start a new business. As the consultant, you’ll create a 5 year budget that supports the entrepreneur’s vision and strategy, as well as the needs for equipment, labor, and other startup costs.
You can choose from one of three types of new business startups — a landscaping company, a restaurant, or an electronics store that sells portable computing devices. Each business has its own Business Profile detailed in the sections below. The purpose of the Business Profile is to guide you in understanding the scope of the business, the entrepreneur’s startup costs, and financial assumptions.
The project requires you to create a written budget proposal, a supporting Excel Workbook showing your calculations, and a PowerPoint presentation summarizing the key elements of the budget proposal, which you assume will be presented to a management team.
This is an individual project. Each week you will complete a section of the project in draft form. In Week 7, you will submit the final version of the project’s Budget Proposal, Budget Workbook, and Budget Presentation in PowerPoint.
Deliverables Schedule / Points
Week
Deliverable
Points
1
Section 1.0 Executive Summary (Draft)
10
2
Section 2.0 Sales Forecast (Draft)
10
3
Section 3.0 Capital Expenditure Budget (Draft)
10
4
Section 4.0 Investment Analysis (Draft)
10
5
Section 5.1 Pro Forma Income Statement (Draft)

10
6
Section 5.2 Pro Forma Cash Flow Statements (Draft)

Final Budget Proposal

90
7
Final Presentation w/ PowerPoint
30
Total project points
180
Business Selected:

Business Profile: The Cutting Edge – Landscaping

Vision

The vision of the entrepreneur is to create a 5-team landscaping business that caters to upscale neighborhoods in Miami, Florida. The company is to be called “The Cutting Edge”. The goal of the entrepreneur is to generate income of at least $42,000 per year as his personal salary, as well as profits of 4% after tax sometime no later than the second year of operation. The entrepreneur intends to buy a route of 100 homes from a lawn service company whose owner is retiring.

Strategy

a) Market Focus/Analysis

The landscaping business targets upscale neighborhoods with home associations which demand lawns to be manicured and well-cared for. Customers tend to be upper middle, to upper-class individuals with household income levels of $110,000 or more. The geographic focus is Miami and its surrounding area. The area is expected to show slow economic growth of about 1% per year over the next five years.
b) Product

The product is lawn maintenance and landscaping services as well as minor irrigation equipment repair. The primary source of income is expected to be in the form of lawn-cutting, debris-blowing, and edge trimming services. However, the company will also do reseeding, landscaping and foliage/tree planting, tree trimming, and light irrigation system repair when necessary to keep their customer’s lawns watered and healthy.
c) Basis of Competition
Customers hire the Cutting Edge due to its reliability in showing up when they are supposed to, quality lawn service, as well as their ability to keep lawn sprinkler systems in good repair, sparing the homeowner of the inconvenience of calling a sprinkler repair for minor repairs such as broken or clogged sprinkler heads, or other minor sprinkler system repairs.
Startup Requirements*

Given Costs

· The cost of registering a limited liability company in Florida – filing fees listed at the bottom of the application for located at: http://form.sunbiz.org/pdf/cr2e047.pdf

· Business insurance, estimated at $1,000 per year

· No health benefits except for the owner of the business

· Workman’s compensation fees

· The cost of the initial route of 100 homes, at a cost of $120,000

Costs you should estimate through research, experience or other methods

•Team equipment for lawn cutting, which includes equipment for a two-person team:

?A pickup truck
?A trailer
?A large riding lawnmower
?A smaller riding lawnmower
?A push lawnmower
?Two gas-powered lawn trimmers
?Two gas-powered lawn edgers
?Safety equipment for eye and ear protection
?Tools for minor equipment repair on the job
?A drink cooler
?2 gas powered blowers
?2 tree/hedge trimmers
?2 long ladders
?Buck saws for cutting branches
•The cost of 10 workers, two per team
•All operating costs such as advertising, phone, a small 400 square foot office complete with utilities, internet, laptop computer, accounting software like QuickBooks, office supplies, and annual depreciation on equipment.

*If you have questions about startup requirements, or think other startup costs necessary for the business are missing, then make an assumption and state it in the relevant section of the report. This list is not necessarily complete.

Given Financial Assumptions*

•The owner will be granted a loan for the initial startup, repayable over 10 years at current interest rates for small business loans.
•The owner will use personal funds to operate the business until it generates enough cash flow to fund itself.
•Essentially, 60% sales are made by credit card and 40% are made by check. All credit card sales are a paid to the company daily by the credit card company.
•2.5% of credit card sales is paid to the credit card company in fees.
•The average lawn service costs $150 per month. Irrigation repairs are minimal at an average of $50 per customer per year, landscaping and other services are about $200 per customer per year.
•Equipment is depreciated on a straight-line basis over 5 years.
•The owner has health benefits, other workers do not.
•Each lawn takes about 1.5 hours to cut and manicure, as well as any other repairs or extra services like tree or shrub trimming.

· The entrepreneur will manage the company and draw a salary, but will not service lawns or perform other services.

*If you believe any other assumptions are necessary, please state them in your budget proposal.

All Sales Forecasting needs to be input into the Excel work book Attached Showing Calculations formulas in Excel

Also all information and tables must be installed and attached Template as per the instructions on the Template which is attached as well.

Week

Deliverable

Points

Section 1.0 Executive Summary (Draft)

Section 2.0 Sales Forecast (Draft)

Section 3.0 Capital Expenditure Budget (Draft)

Section 4.0 Investment Analysis (Draft)

Section 5.1 Pro Forma Income Statement (Draft)

Section 5.2 Pro Forma Cash Flow Statements (Draft)

Final Budget Proposal Template and Budget Proposal Workbook

Budget Presentation in PowerPoint

Briefly introduce the sales forecast section.

2.1 Sales Forecast

Year 1

Year 2

Year 3

Year 4

Year 5

Sales

2.2 Methods and Assumptions

Here you should describe how you arrived at your sales forecast in section 2.1. You should also provide any detailed calculations that led you to the sales forecast values. You should also summarize any research or figures that led you to make this sales forecast.

An excell work book showing your fomulas must be attached as well.

Abd Sales for cast must be inserted into Budget Proposal Templete pasted below if possible

Your Company Name
Budget Proposal
For
[Enter Years Here]

BUSN-278
[Term]
Professor[name]
DeVry University

?
Table of Contents

Section Title Subsection Title Page Number
1.0 Executive summary
2.0 Sales Forecast
2.1 Sales Forecast
2.2 Methods and Assumptions
3.0 Capital Expenditure Budget
4.0 Investment Analysis
4.1 Cash flows
4.2 NPV Analysis
4.3 Rate of Return Calculations
4.4 Payback Period Calculations
5.0 Pro Forma Financial Statements

5.1 Pro Forma Income Statement
5.2 Pro-Forma Cash flow Statement
5.3 Pro-Forma Balance Sheets
6.0 Works Cited
7.0 Appendices
7.1 Appendix 1: [description]
7.2 Appendix 2:
[description] etc

[Please put page numbers in the last column of the table of contents above, as they apply to your finished assignment. Do this after your project is complete. Also, remove this text and all text that is in italics in this template when finished your project.]

[Also, please submit your Excel Spreadsheet which shows your supporting calculations]
?

The first paragraph of this executive summary should give a brief description of the business to which this budget applies. Very briefly describe the products and services of this company, the geographical or demographics of the customers it serves, and why people purchase the main product of this business. Much or all of this will be found in the Business Profile provided to you. Please use your own words, and please do not simply copy and paste the explanation in the course materials. Make assumptions if necessary.

Also, provide a second paragraph which describes how the budget supports the company’s strategy.

Finally, provide a third paragraph where you summarize the key points from your budget, including the planning horizon, the amount of up-front investment, the NPV, Payback and IRR of the project, as well as key figures from your income statement, cash flow statement, and balance sheet.

Remember, this is not a thesis or introduction of what you will talk about – it contains the major, specific content of each section. The second and third paragraph should be written after you have completed all other sections of this template.

As you complete sections of this template, please remove all italicized text in all sections of this template and replace it with your own or you will lose points!

Briefly introduce the sales forecast section.

2.1 Sales Forecast

2.2 Methods and Assumptions

Here you should provide a screenshot of your capital expenditure budget, also listing the sources of data and assumptions that led to each line item in table format. Briefly describe the total investment and, if necessary, why major items are necessary to achieve the company’s strategy.

Briefly describe the NVP, IRR, accounting rate of return, and payback period for this analysis. Indicate the discount rate you used, and how you arrived at it.

4.1 Cashflows
Provide an excel spreadsheet screenshot that shows how you arrive at the net cash flows for each period in your planning horizon and describe its highlights.

4.2 NPV Analysis
Provide a screen shot of your Excel NPV Analysis here, and describe its highlights.

4.3 Rate of Return
Provide a screen shot of your IRR and Accounting Rate of Return calculations here, and explain the highlights.

4.4 Payback Period
Provide a screen shot of your Excel calculation of the payback period for this venture.

Briefly introduce this section here.
5.1 Pro-Forma Income Statement
Describe key figures and assumptions from the income statement, such as important profit or sales figures and their causes. Also, provide a screen shot of your pro-forma income statement.

5.2 Pro-Forma Cash Flow Statement
Provide a screen shot of the cash flow statement and describe the impact of the budget on cash balances.

5.3 Pro-Forma Balance Sheets
Provide a screen shot of your balance sheets, and describe key figures they contain.

List any sources you cited in the body of your report.

NOTE: Start this section at the top of a new page.
This section of the budget proposal is where you’ll attach all of the supporting materials that you’ve referenced in the preparation of your plan, and that is too detailed or extensive to be included in the body of the report. Use this page to separate the appendices from the text in the body of your report. Make certain that you update the table of contents to include the title of each exhibit in the appendix and its page number.
7.1 Appendix 1: [put a description here]
7.2 Appendix 1: [put a description here]
7.3 Appendix 1: [put a description here]