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P3 Explain the purpose of financial planning tools like cash flow forecast and break-even analysis in reviewing financial: business finance Assignment, TUE, UK
| University | University of Edinburgh(UoE) |
| Subject | Business Finance |
TASK 2 Learning aim: B (B.P3, B.P4, B.M2, B.D2)
P3 Explain the purpose of financial planning tools like cash flow forecast and break-even analysis in reviewing financial data of any newly established business of your choice like any fish and chips, grocery shop, salon, or any other.
P4 Perform appropriate calculations using financial planning tools (break-even point in units and amount, and cash flow forecast) to identify financial risks on given data in scenario 2 (Bells and Baker).
M2 Analyze the factors that impact on financial risks, and risks on calculations done in P4.
D2 Present a financial report that contains recommendations to minimize or avoid the risks highlighted above, recommending various alternatives with justifications (Scenario 2).
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