The Organization I have chosen is the MAYO CLINIC, the program we will be adding is Healthcare Literacy and Advocacy Center.
Create a 3- to 5-year financial plan to implement the goals and objectives created in Part 2 of your strategic plan. The deliverables for the financial plan include a projected budget created in Microsoft® Excel® and a report in Microsoft® Word that clarifies and explains the financial plan.
Section One: Projected Budget
Create a projected budget.
- The projected budget should be a Microsoft® Excel® spreadsheet that contains a 3- to 5-year financial projection that includes detailed expenditures, income, contingency, gain or loss, capital outlay, and ROI (if applicable).
Include budget strategies to increase volume and budget assumptions.
Section Two: Financial Plan Explanation
Write a 1,050- to 1,400-word narrative discussing the fiscal details of the plan and the assumptions that were used in developing the projected budget.
- Include all the elements required in the projected budget.
- Include capital expenditure planning and contingency plans for unexpected events.
- Budget summary: When explaining your budget:
- Describe the organization’s current business model.
- Evaluate the impact of internal resources and financial capabilities on the business model implementation.
- Determine how the organization’s internal resources and financial capabilities affect your financial plan.
- Determine how they will affect implementation of the plan.
- Explain the details of the budget assumptions and the strategies to increase volume.
Cite at least 4 peer-reviewed, scholarly, or similar resources to support your information.
Format your paper according to APA guidelines.This includes an introduction, conclusion and reference pag.
Submit as Microsoft® Excel® and Microsoft® Word attachments.