Project Plan for my new business venture is attached)
1. Your task is to take a look at every of the operational areas of the intended business, and verify what financial information is required to acquire in order to make adequate planning decisions.
2. As this is a new business venture make the financials (income statement etc
3. Increase Ratio analysis for the business
4. The financial information will be collected by ratio analysis.
5. Some businesses have intensive ratio analysis and others will have partial ratio analysis. Use the ratios that relate to this selected business. If you are working on a new business venture, your ratio analysis may be limited to only the Income statement.