Create a 3- to 5-year financial plan to implement the goals – Assignment Solution
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. Section One: Projected Budget  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 expenditures, income, contingency, gain or loss, capital outlay, and ROI (if applicable).  Include budget strategies to increase volume and budget assumptions. Section Two: 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 all the elements required in the projected budget. · Include capital expenditure planning and contingency plans for unexpected events. · Budget summary: When explaining your budget: · Describe the organization’s current business model. · Evaluate the impact of internal resources and financial capabilities on the business model implementation. · Determine how the organization’s internal resources and financial capabilities affect your financial-plan. · Determine how they will affect implementation of the plan. · Explain the details of the budget assumptions and the strategies to increase volume.  Cite at least 4 peer-reviewed, scholarly, or similar resources to support your information.  Format your paper according to APA guidelines.