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Financial Planning and Forecasting
Entrepreneurship · Grade 11 · The Venture Plan - Operations and Finance · 4.º Período

Financial Planning and Forecasting

Students estimate start-up costs and create cash flow projections for their venture. They will learn to calculate the break-even point to ensure financial viability.

Ontario Curriculum ExpectationsBDI3C Overall Expectation 5: Develop a financial plan for a proposed venture.BDI3C Specific Expectation 5.2: Prepare a projected cash flow statement for the first year of operation.

About This Topic

Students estimate start-up costs and create cash flow projections for their venture. They will learn to calculate the break-even point to ensure financial viability.

Key Questions

  1. How do entrepreneurs estimate start-up costs?
  2. What is a cash flow projection?
  3. How do we determine the break-even point for a new product?