In this activity students create a financial plan for their food truck business. Projected revenue scenarios and a rubric to grade the project are included.
This file contains detailed instructions for the sections that must be included in the financial plan. Students will:
-Identify business assets and research estimated costs
-Determine needed capital and write a plan for how they will obtain start-up capital
-Differentiate between start-up and operating expenses
-Describe financial records management
-Evaluate revenue, operating expenses, and net income
-Describe growth financing
-Create a purchase order and invoice
Templates for a purchase order and invoice are not included, but are easily found in Microsoft Word templates.
This is part of a semester long project I do in my Introduction to Business and Marketing course. This project can be completed independently or with other sections of the project. For other parts of the project check out the links below.
Other sections of the project include:Business PlanMarketing PlanMarketing Research ProjectBudgetingSocial Media CampaignEmploymentBusiness Pitches
Or purchase the project as a whole:Food Truck Simulation Semester Project.