You are to prepare a full set of financial projections for the business idea selected by your team. Your financial projections should be designed to be included in a business plan to be given to potential funders for the business. It is anticipated that each teams members will review the financial projections prepared by all members of the team after they have been handed in, to determine how best to prepare the financial projections for the final business plan.

Most importantly, this assignment is to be your own work and is not to be done in collaboration with any other student.

Components
The financial projections should contain, at a minimum, the following 5 components:

Assumption Sheet
Minimum 3 years of projections (1st year by month and 2nd and 3rd year by quarter.)
Financial Statements (Income Statement, Balance Sheet and Cash Flow) OPTIONAL
Three scenarios (Conservative, Realistic, Potential)
IRR/NPV Calculation