Budget Estimates, management homework help

This assignment will require you to create an operating budget that

takes into account the strategies and choices you’ve already made in

previous sections of the course project. It’s important that you

carefully consider exactly what you’ll have to spend money on in order

to successfully complete your goal. The numbers will be very general

estimates, but you’ll need to show the ability to accurately identify

the major costs. The categories and subcategories for the budget should

cover most if not all of the new expenses that will be present. This

assignment should be at least two pages in length and complete the following:

Goal Choice

• Clearly identify your chosen goal in an introductory paragraph.

The goals are Specific, measurable, and Timely

Operating Budget

• Create an operating budget for your goal.
  • The budget should include common categories and subcategories such
    as general operations, HR, marketing, miscellaneous expenses, etc.
  • Include all major expenses required for the goal. Common expenses include salaries, marketing channels, and inventory.
  • Connect the costs/categories that you’re considering to your
    already created marketing, management, and HR strategies discussed in
    earlier portions of the project.

Capital Budget

• Identify two long-term assets from the capital budget that will
  play a role in the completion of your goal. These can be new purchases
  or existing assets.
  • Briefly explain the impact that each will have.