Write the Financial Plan for your organization. Use the Excel spreadsheet in the template to create a three-year ProForma P&L for your organization (or product/service). Calculate your financial break-even point. BEP= Fixed Costs/ (unit price variable unit costs) Identify possible sources for investment capital if required (friends, family, banks, USSBA, etc.). Explain how you will use financial information to help you craft your business strategy. My business is a sports bar/restaurant. It has food, drinks, bowling, outdoor volleyball court and softball diamond for bar leauges.

This is my business strategy;

BUSINESS STRATEGY - Our business strategy at Sports Bar's main focus is to provide the best customer

service with the best quality. We want our customers to be blown away from the atmosphere that we are trying to present. Our cooks will be well trained and must pass quality tests while making the food. The worst thing to have is a great game and bad food. Our waiters and waitresses must show excitement and excellent customer service 24/7. Our customers are our number one priority at Sports Bar. We will have special deals on primetime game nights. Our goal is to bring people in, and by that we must offer special deals on food and also on bowling. The volleyball court and the bar league softball will help promote our name. This will work by players brining in friends and family to watch them play. The more people we bring in, the better chance we have at being successful.

Share bri (He... 11 A A Aar A EvEAL I AaBbCcDdEe I U ab X, X ADA AaBbCcDd Ee AABBCCD Heading 1 Normal No Spacing Styles Pane XYZ, Inc. For 2010 through 2013 (all numbers in $000) 2012 REVENUE Gross sales Less sales returns and allowances Net Sales 2010 $500 200 $300 2011 $650 230 $420 $720 200 2013 $850 320 $530 5435 COST OF SALES Beginning inventory Plus goods purchased / manufactured Total Goods Available Less ending inventory Total Cost of Goods Sold 190 $350 120 5470 360 $110 $190 $360 165 $525 420 $105 5420 185 5605 435 $170 5625 440 5725 Gross Prohit (Loss) $315 $270 $35 $41 $46 $52 OPERATING EXPENSES Selling Salaries and wages Commissions Advertising Depreciation Other Total Selling Expenses 10 14 5 588 $14 General Administrative Salaries and wages Employee benefits Payroll taxes Insurance Rent Utilities Depreciation & amortization Office Supplies Travel & entertainment Postage Equipment maintenance & rental Interest Fumiture & equipment Total General Administrative Expenses $140 $180 Total Operating Expenses $175 $165 32 Net Income Before Taxes Taxes on income Net Income After Taxes 3137 $143 SO . Extraordinary gain or loss Income tax on extraordinary gain E $120 3137 NET INCOME (LOSS) + 110 Focus 4 1464 words English (United States) Share bri (He... 11 A A Aar A EvEAL I AaBbCcDdEe I U ab X, X ADA AaBbCcDd Ee AABBCCD Heading 1 Normal No Spacing Styles Pane XYZ, Inc. For 2010 through 2013 (all numbers in $000) 2012 REVENUE Gross sales Less sales returns and allowances Net Sales 2010 $500 200 $300 2011 $650 230 $420 $720 200 2013 $850 320 $530 5435 COST OF SALES Beginning inventory Plus goods purchased / manufactured Total Goods Available Less ending inventory Total Cost of Goods Sold 190 $350 120 5470 360 $110 $190 $360 165 $525 420 $105 5420 185 5605 435 $170 5625 440 5725 Gross Prohit (Loss) $315 $270 $35 $41 $46 $52 OPERATING EXPENSES Selling Salaries and wages Commissions Advertising Depreciation Other Total Selling Expenses 10 14 5 588 $14 General Administrative Salaries and wages Employee benefits Payroll taxes Insurance Rent Utilities Depreciation & amortization Office Supplies Travel & entertainment Postage Equipment maintenance & rental Interest Fumiture & equipment Total General Administrative Expenses $140 $180 Total Operating Expenses $175 $165 32 Net Income Before Taxes Taxes on income Net Income After Taxes 3137 $143 SO . Extraordinary gain or loss Income tax on extraordinary gain E $120 3137 NET INCOME (LOSS) + 110 Focus 4 1464 words English (United States)