Questions and Topics We Can Help You To Answer:
Paper Instructions:
Determine the financial health of the company, determine if you will purchase the company, and plan for the future as if you are the new owner. Business Topic: Woodlawn Sportsbar
Please use proper APA formatting. The paper must be at least 5 pages (excluding the reference section).
You should include:
Executive Summary/ Abstract
(~1 paragraph)
1. Write an executive summary, including:
• A brief description of the company; (The Woodlawn Sportsbar)
• A brief overview of the current financial condition of the company; (Startup-New)
• A brief overview of the financial issues that may make a future owner concerned; (Alcohol Licensing, Potential for drunk & disorderly/underage drinking violations, Lack of/loss of customer base)
• A brief description of your financial solution to maintain a financially healthy company if you were to buy the company. (Investors to help offset costs/loss per investor)
The Company Description
(~1-2 paragraphs)
2. Describe the company, including:
• The name of the company; Woodlawn Sportsbar
• Write a general overview of the company history) ; (New Company with investors) a family friendly establishment for fun, games, sports)
• State the mission, vision, and company values; and
Company's Current Financial Condition
(~1 page)
3. Describe the current financial condition of the company, including (you may need to create these if they do not exist):
• A review of financial reports;
• Current assets and liabilities;
• Current balance sheet;
• Current income statement;
• The estimated cash flow; and
• Other important information presented in class.
IT Infrastructure
(~1 page)
4. Review the current, and recommend needed IT software and hardware to better help with the finances and financial health of the business, including (but not limited to):
• Accounting and bookkeeping software;
• Rental, ordering, inventory or other related hardware and software;
• IT Security for the business and the customers; and
• Any other useful IT software and hardware the company should consider.
Investment Opportunities
(~2-4 paragraphs)
5. Describe and analyze 3 investment opportunities.
Goals
(~2-4 Paragraphs)
6. Describe the financial goals for the company as if you were the current owner.
Financing Options
(~1 Page)
7. Describe and analyze the financing options to purchase and operate the business.
Annual Budget
(~1 Excel spreadsheet)
8. Create an annual budget
Reflection
(~1 Page)
9. Reflect on your journey to solve this problem. What did you learn? What additional research will you need to truly bring your ideas to life?