The business is called “Joees Cuisine” its a food delivery service.
Build your draft financial plan. You will need to do it for the first two years. Use the Comparable method (please refer to chapter 9 of your textbook for further information).
For this week, complete the following:
Complete a list of key financial assumptions that drive your revenue projections, cost of goods sold and operating expenses. Identify 2-3 companies to benchmark (financial information can be found on their annual reports which are public).
· An opening day balance sheet (your balance sheet MUST BALANCE)
· A monthly cash flow statement for years 1 and 2
· An income statement for years 1 and 2