Budget and financial analysis for business plan Academic Essay – Write My School Essay

Paper details
• Budget: first explain what’s already available (space, staffing, equipment, clerical support). Then briefly describe what you
need. The budget should be based on what you need. Do a budget for at least two years—this way you can show the
difference between startup
costs the first year, and operating costs the second and subsequent years. If your budget contains
more than a couple of items, create a budget table. Be sure to explain the table in the text; don’t rely solely on a table.
• Financial analysis: most of you will be doing a CBA. Your budget is the basis for the cost estimate in the CBA. If your startup
costs are high, it’s best to do a CBA for Year One and another CBA for Year Two, as your Year Two CBA will be more
powerful. To estimate benefits, figure out the reduction in LOS or other savings from your project for a year of operations. If
you’re comparing the benefits of more than one product, you’ll develop a CEA. If your project generates revenue you might be
developing a breakeven