Misfit Juicery sells juice made from misshapen and scrap fruit and vegetables. Co-founders Anna Yang and Phil Wong stress the importance of planning and budgeting for business success. Required 1. How can budgeting help Anna and Phil efficiently develop and operate their business? 2. Anna and Phil hope to expand their business. How can a budget be useful in expanding a business’s operations?

N1.

Create a financial statement for your hypothetical new business venture.  Using the attached Excel template, and based on surveying a specific market place, make a best-guess estimated statement exhibiting profit and loss.  In business, accuracy counts, so make sure to check and recheck your numbers before submitting your financial statements.  Your grade will be based on the completeness and accuracy of the Income Statement. This is all of the information that I have. The hypothetical business is for a residential moving company.

Consider  developing a  business plan for a new indian food resturant, how will you manage cash-flow, financial controls, and financial planning.