Funding for Microblading Business

Instructions

Assignment 3 – Funding Plan (PO3, PO8, CO4, ILO.SK4, BIS2, IS4, AL1, DL2)

Develop your funding plan; include the spreadsheets that would accompany a funding plan (please refer to Lesson 3):

• Current or pro forma income statement, balance sheet and cash flows statement (minimum five years for each financial statement)
• Current funding request
  • Equity or Debt?
  • Terms?
  • Time period request will cover?
• Future funding requirements over the next five years
• My intended use(s) of the current funding request
  • Capital expenditures?
  • Working capital?
  • Debt retirement?
  • Acquisitions?
  • Purchase new equipment?
  • Increase operation capacity?
• Any strategic financial plans for the future
  • Buyout?
  • Debt repayment plan?
  • Selling the business (exiting)?

Minimum 2 pages

Minimum 3 pro forma spreadsheets

APA formatted

For microblading business that will be funded independently

The funding will be $15,000 independently to open business (this is for 3 months of rent for business space, equipments, and licenses and permits. So you can work off of that number. Show profits (over 5 years) for the business…with some income coming from clients ($250-700 each service) and some income coming from 5 workers paying booth rental fees of 250 weekly.