We are excited to be launching a new business, Saboré Foods - a packaged goods company manufacturing Mexican-inspired food with a healthy twist. With any launch, having a financial plan is one of the keys to success, and we would like to involve students in creating one for our new venture.

This will involve several different steps for the students, including:

• Learning about our business strategy
• Creating forecasts using Excel (or another financial software) for sales in the first year of operation as well as an income projection (conservative and aggressive including graphics/visuals).
• Develop an expense budget.
• Conducting a break-even analysis timeline using financial projections.

By the end of the project, students should complete the following list of activities (this is basically a retelling of the steps above):

• Completed a sales forecast and an income projection for the first year of operations.
• Conducted a break-even analysis using the sales forecast and expense budget.
• Analyzed projected assets and liabilities our company will have in the first year of operations.
• Included extra visuals in the report to help us understand the differences between the conservative and aggressive income projections.

Final deliverables:

• A final report including a sales forecast, income projection, expense budget, break-even point, assets, liabilities, as well as any calculations and assumptions used.