entrepreneurship finance assignment final need 100% score to pass .
answering the following questions :
1. What decisions do Menard and Craciun have to make?
2. What competitive opportunities and threats exist in the market?
3. Who should Menard and Craciun be targeting? Why?
4. How can the facility be promoted?
5. Prepare a cash budget for Elite’s first two years of operations. Round all figures to the closest dollar.
Is additional financing needed?
6. Project a balance sheet and income statement for two years of operations. Round all figures to the
7. Should a third gym be built? Why?
8. Assuming the price $50/ session what is the break even number of sessions needed?
9. What would you recommend they charge per session and why?
10. Should Menard and Craciun go ahead with this venture?
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