Final Project – Small Business Launch & Financial Report…

1. Scenario: You Are the owner/CEO!

Many of you have expressed interest in starting your own businessnow is your chance. For this project, you will imagine and run a fictional business through its first three months of operations.

2. Overview of the Assignment

This project has two parts:

• Part A The Project: Record business transactions and prepare key financial statements.
• Part B The Presentation: Create a short video explaining your companys financial story from the CEOs perspective.

Part A: Project Deliverables (30 points)

Directions

Choose an industry (e.g., bakery, landscaping, repair shop, online store, etc.). You are the owner/CEO, and your business has just completed its first quarter (3 months).

Requirements (completed in Excel)

1. Business Summary
   Provide a brief description of your business, including:
   • Type of business
   • How it operates
   • Target customers
     (Keep it realistic and concise.)
2. Chart of Accounts
   Create a chart of accounts appropriate for your business.
3. Journal Entries (2025 transactions)
   Record all transactions for the quarter, including:
   • Initial owners investment
   • Purchases of equipment or other assets
   • Operating expenses
   • Revenue-generating activities
   • Cash or credit sales (revenue transactions)
4. Financial Statements
   Prepare the following for the quarter:
   • Income Statement
   • Statement of Owners Equity
   • Balance Sheet

Submission

Upload your completed Excel file to Canvas.

Part B: Recorded Presentation (20 points) I need you to make me a document that i can read off of so i can present in my video. you do not need to make the video i will.

Directions

Create a 35 minute video presenting your companys financial performance to a potential investor. Speak as the CEO of the business.

Requirements

Your presentation must include:

1. The Business Pitch
   Briefly introduce your company and its mission.
2. The Financial Story
   Explain:
   • Profitability (based on your Income Statement)
   • Financial position (based on your Balance Sheet)
     Focus on what the numbers mean, not just reading them. Use your knowledge of accounts and financial analysis.
3. The Ask
   Based on your results:
   • How much funding would you request from the investor?
   • What would you offer in return (equity, partnership terms, etc.)?
   • Justify your request using your financial data.

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