Health Medical Homework Help

Create a 3- to 5-year financial plan to implement the goals and objectives created in Part 2 of your strategic plan. The deliverables for the financial plan include a projected budget created in Microsoft® Excel® and a report in Microsoft® Word that clarifies and explains the financial plan.

I. The Projected Budget – Microsoft Excel spreadsheet (see Preopening budget example!)

Create a projected budget.

The projected budget should be a Microsoft® Excel® spreadsheet that contains a 3- to 5-year financial projection that includes:

• Detailed revenue/income
• Detailed Expenses
• Net gain or loss
• Capital Expenses / Contingency Plans
• Description of Return on Investment.

The budget spreadsheet also includes:

Strategies to increase volume and

Budget assumptions. (See Preopening budget example).

II. Narrative: Financial Plan Explanation

Write a 1,050- to 1,400-word narrative discussing the fiscal details of the plan and the assumptions that were used in developing the projected budget. Include:

• Describe the elements required in the projected budget. (Revenue and Expenses)
• Describe capital expenditure planning and contingency plans for unexpected events.
• Describe the organization’s current business model.
• Explain the details of the budget assumptions.
• Explain the details of the strategies to increase volume.