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Prepare a financial plan for Best Buy Describe Best Buy, including the type of business. Create the business case. Determine why funding is needed for

Prepare a financial plan for Best Buy

Describe Best Buy, including the type of business.

Create the business case.

  • Determine why funding is needed for the company.
  • Determine the sources of funding. Considerself-funding, borrowing, equity, venture capital, etc.
  • Evaluate the requirements of each funding source you determined appropriate.
  • Analyze the associated risks of each funding source.
  • Decide which sources are the best fit for your company based on the requirements of each. Justify your decision.
  • Estimate the cost of capital for both short-term and long-term funding sources. Research current estimated APRs for your selected sources of funding. Consider creating a table or chart to display this information.
  • All the above items should be submitted via an MS Word document (700 to 1050 words is the minimum range)

Create a profit-and-loss statement for a 3-year period. Project revenue, stating realistic assumptions, such as growth per year, in your projections.

Estimate direct costs, including capital, marketing, labor, and supply costs.

Spreadsheet -- the above two items should be done via a MS Excel Spreadsheet (please show your work in the cell background when calculations are involved.

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