Please review and analyze the Financial Statement Model and explain each component in Dark Blue Such as % Growth per month, Revenue, Expenses, Operating Cash Flow, etc. Please review the Sample Financial Statement as a reference.
A website consultancy generates profits by charging 2-3x what it costs to produce a website. For the sake of this model, consider that websites take about three months to produce (which is over-simplified for the sake of the model — all websites and clients are different). Notice when you reduce from four projects per quarter to three (cell B7), profits become dangerously low, so this model tells you how many website contracts per quarter you need to sell to create a healthy consulting business. Businesses are never as clean as their models – some months you’ll close three new contracts at once and then you’ll go many months with none. This model illustrates one possible scenario around expenses, cost, and cash flow, reminding you to save funds on good months so you can cover expenses in months when there are no checks coming in.
I recommend that you use the Rubric to complete this Assignment.
Written assignments are expected to conform to standard language conventions. Formal written assignments (other than Forum posts and journaling) must conform to the most recent APA (6th edition) guidelines for referencing, in text citations, appendices, and/or any means of crediting an outside source. These APA Formatted assignments must be in Microsoft Word format and will be submitted through the appropriate link(s) located on the course week page of the assignment. All written assignments require a correctly formatted Title Page with Page Headers, Running Heads for publication, Page numbers, an Abstract page, pages of text, and a Reference page. Examples of all of these can be found in the APA Handbook, 6th edition. Keep in mind that part of your grade is based on your written communication skills.