Strategic Plan Part Plan Part III – Financial Plan Excelspreadsheet Design a 3 to 5 year financial plan to implement thegoals and objectives created in Part II of your strategic plan. Thedeliverables for the financial plan include a projected budgetcreated in Microsoft® Excel that clarifies and explains thefinancial plan. Prepare a Projected Budget for your strategic planin Microsoft Excel (See example in the course materials newsgroup)The projected budget should be a Microsoft® Excel® spreadsheet thatcontains a 3 to 5 year financial projection that includes detailedexpenditures, income, contingency, gain or loss, and ROI (ifapplicable). When preparing a budget, nothing is in stone. Let yourspreadsheet work for you. Identify assumptions in your spreadsheet.Use that section to build your formulas. (see example in the coursematerials newsgroup). If you use your assumptions in your formulascorrectly, it allows you to make adjustments should contingenciesarise. For example, if you build in 2.5% increase in salaries eachyou and you don’t perform well and salary projects have to be cutto 2%, you can change the assumption and you spreadsheet willadjust the calculations. If you cannot obtain financial details,the details may be assumed. In the spreadsheet identify theorganization’s current business model.
ScholarMatic: Explanation & Answer
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