FBMA2934

Students will identify the elements necessary to create, evaluate, and implement a business plan for the business. Student will utilize financial information and records to develop the business plan. Student Learning Outcomes

• Complete an analysis of the business
• Interpret the analysis and cash flow information to determine the business cash needs for the upcoming production year
• Revise the cash flow plan after the completion of the annual analysis
• Monitor and adjust the cash flow plan on a regular basis
• Determine the strengths and weaknesses of the business
• Develop a vision statement and revise as necessary for the continuation of the business
• Develop a mission statement and revise as necessary
• Determine what changes to make in the business in order to better compete in today's market place
• Develop a business plan
• Justify the business plan