1.Prepare all of the listed financial reports, including a one-page information sheet to explain to the reader how you have decided on these figures
2.Write a document in the same style as previous assessments that describes the factors influencing the control of your business.
3.Prepare a 5 min presentation for the class selling your business concept as a successful option
a) Financial performance:
- Prepare a cash budget
- Prepare a profit and loss statement (income statement)
- Prepare a balance sheet
- Prepare a break-even analysis
- Describe what creditors and debtors are and explain the impact to the business in both situations.
b) Legal constraints:
- Describe four constraints from central government that directly have an effect on your business
- Describe one constraint from local government that directly effects your business