Dear Management Accounting course students, please be advised that this project is meant for groups of 2-3 students, and that the more realistic data used the better the assessment, and below are the parts for the project and the associated grades with each part. (Note: the presentation itself will not have a grade by itself, yet if a presentation is not preformed or if the presentation is of poor quality it will impact the general grade of the project) Business idea description: a description of the business Idea, the product or service provided) and the reasoning behind choosing this idea what makes this product or service special and competitive). (2 grades) Brief market analysis: an analysis of the market that the business will be competing in, and why this business will be able to succeed in this market. (2 grades) Product (or service) financial details: the expected costs and the proposed price of the product (or service). Note: the details are best when they reflect reality (explain that reasoning behind choosing these numbers, and the price should also be explained). (3 grades) Estimated financial data: an estimate for one years' worth of financial data ( Contribution margin income statement for one year in the future). (2 grades) A complete Cost-Volume-profit analysis: based on the estimated financial data a complete CVP analysis is required ( Break-even-point in both sales and units, a target profit estimation in both sales and units, the margin of safety and margin of safety ratio, the operating leverage of the business, and a sales mix analysis if applicable). (5 grades) The budgets: the future budgets for the period of 3 months based upon the financial data estimated and the expectations for the business growth. (5 grades) The required amount of capital needed: the capital that you are asking the banking institution for and an explanation of the capital needs (why do you need this specific amount). (1 grade)