Posted: February 2nd, 2015

Write a 700- to 900-word paper in APA format in which you do the following:

This is week 2 and going further with venturing into a small business. My small business venture is opening a construction business with licensed contractors. I am a Realtor and know owning a construction business would be great for my real estate business and likewise, having a real estate license will be great for my construction business. Paper requirements will be uploaded.

Venture Budgeting and Forecasting Paper

Resources: Kudler Opening Budget

Write a 700- to 900-word paper in APA format in which you do the following:

• Illustrate how your venture would perform by estimating the revenue and expense to calculate operating profit or loss. Include estimates of your venture’s main sources of revenue and the expenses expected in the main cost categories such as the cost of goods, sales and marketing, labor, rent, maintenance, and any other significant expenses.

• Illustrate your venture’s start-up costs by estimating a pre-opening budget—also termed development budget—that includes startup costs such as building and construction, Web site development, pre-opening marketing, equipment, merchandise, pre-opening operations, research and development, working capital, and any other significant pre-opening expenses. An example of a pre-opening budget may be found in the materials listed on the course page for the University of Phoenix student Web site for Week Two named Kudler Opening Budget.

• Develop financial planning goals by illustrating how your venture would be initially funded by using cash on hand, debt, venture capital, or a combination of these. Use a mortgage calculator found on the Internet and calculate your loan payments. Include these expenses in your Operating Budget. Use the information below to help in your calculations:

Post your assignment as a Microsoft^® Word attachment.