“One of the most important steps in launching a new business venture is fashioning a well-designed, practical, realistic financial plan.” (Scarborough & Cornwall, 2015, p. 454).

With this assignment, you are creating two important elements of a financial plan: an Income Statement and Balance Sheet. You also are preparing an outline of a presentation of your business plan to potential investors or lenders.

Using the business you created from Assignments 2 and 3, write a three to four (3-4) page paper in which you:

Prepare a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan.
Outline a plan for hiring and retaining competent, motivated employees for your business.
Prepare an outline for a “pitch,” i.e., a short 20-30 minute business plan presentation that will be made to lenders or investors.
Include at least two (2) references outside the textbook.

WRITING PORTOFOLIO
compiling both research papers that you have written thus far in order to create a comprehensive overview of your growth as a writer and as a researcher.
You will also respond to the following reflective question in a minimum of 500 words.
Final Reflection Question: How have your grown as a writer as a result of this course?
You will be formatting your Writing Portfolio in the following manner:
Title page (please see posted APA sample paper). You do NOT need to write an abstract.; double spaced, 12 point font, Times New Roman
Following the title page, you will include BOTH of your research papers in sequential order, and followed by your Final Reflection:
Research Paper #1 (MLA format; be sure to include the Works Cited page)
Research Paper #2 (APA format; be sure to include the References page)
Final Reflection