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Conduct a financial analysis of a rural local Chamber of Commerce Economic Development organization in a relatively prosperous Mississippi county. You have been hired as
Conduct a financial analysis of a rural local Chamber of Commerce Economic Development organization in a relatively prosperous Mississippi county. You have been hired as the director at $k per year and you will have an assistant director earning $k and an office administrator earning $ Annual dues are based on company size. A number of the growing companies have asked for increased benefits from the Chamber. You have a number of strategic efforts based on talking to major companies in the county that you would like to launch including a workforce attraction and preparedness program. What are your conclusions and recommendations based on the following financial statement for an EDO? What questions would you ask about the finances? Revenues City Contribution $ $ $ $ $ $ County Contribution $ $ $ $ $ $ Annual membership dues $ $ $ $ $ $ Total Revenues $ $ $ $ $ $ Administration Total Salaries $ $ $ $ $ $ Insurance Health Liability & Causality $ $ $ $ $ $ Payroll Taxes $ $ $ $ $ $ Retirement $ $ $ $ $ $ Total Administration $ $ $ $ $ $ Expenses Association Membership & Conference Registration $ $ $ $ $ $ Accounting $ $ $ $ $ $ Advertising $ $ $ $ $ $ Auto Allowance $ $ $ $ $ $ Bank Service $ $ $ $ $ $ Board of Directors Expenses $ $ $ $ $ $ Janitorial $ $ $ $ $ $ Building Maintenance $ $ $ $ $ $ Office Equipment Rental $ $ $ $ $ $ Office Supplies & postage $ $ $ $ $ $ Website $ $ $ $ $ $ Meal & Entertainment $ $ $ $ $ $ Subscriptions $ $ $ $ $ $ Kitchen and Other Supplies $ $ $ $ $ $ Telephone $ $ $ $ $ $ Utilities $ $ $ $ $ $ Total Expenses $ $ $ $ $ $ Annual Profit $ $ $ $ $ $ What are your conclusions and recommendations based on the following financial statement for an EDO? What questions would you ask about the finances?
Conduct a financial analysis of a rural local Chamber of Commerce Economic Development organization in a relatively prosperous Mississippi county. You have been hired as the director at $k per year and you will have an assistant director earning $k and an office administrator earning $ Annual dues are based on company size. A number of the growing companies have asked for increased benefits from the Chamber. You have a number of strategic efforts based on talking to major companies in the county that you would like to launch including a workforce attraction and preparedness program. What are your conclusions and recommendations based on the following financial statement for
an EDO? What questions would you ask about the finances?
Revenues
City Contribution $ $ $ $ $ $
County Contribution $ $ $ $ $ $
Annual membership dues $ $ $ $ $ $
Total Revenues $ $ $ $ $ $
Administration
Total Salaries $ $ $ $ $ $
Insurance Health Liability &
Causality $ $ $ $ $ $
Payroll Taxes $ $ $ $ $ $
Retirement $ $ $ $ $ $
Total Administration $ $ $ $ $ $
Expenses
Association Membership &
Conference Registration $ $ $ $ $ $
Accounting $ $ $ $ $ $
Advertising $ $ $ $ $ $
Auto Allowance $ $ $ $ $ $
Bank Service $ $ $ $ $ $
Board of Directors Expenses $ $ $ $ $ $
Janitorial $ $ $ $ $ $
Building Maintenance $ $ $ $ $ $
Office Equipment Rental $ $ $ $ $ $
Office Supplies & postage $ $ $ $ $ $
Website $ $ $ $ $ $
Meal & Entertainment $ $ $ $ $ $
Subscriptions $ $ $ $ $ $
Kitchen and Other Supplies $ $ $ $ $ $
Telephone $ $ $ $ $ $
Utilities $ $ $ $ $ $
Total Expenses $ $ $ $ $ $
Annual Profit $ $ $ $ $ $
What are your conclusions and recommendations based on the following financial statement for an EDO?
What questions would you ask about the finances?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
