Complete the following activities to help you prepare for your final Business Plan Project due at the end of the term. Be sure to save a copy of your responses to all BizBuilder Plan Activities each week, so you can easily access them when you are ready to compile them into your final project. 7.0 Financial Analysis & Projections (continued) 7.3 Balance Sheet Projections Create a projected balance sheet for your business for the first four quarters and the second and third years of operations Create a pie chart showing your current assets, long-term assets, current liabilities, and long-term liabilities. (You may wish to use chart wizard in your Microsoft Word tools to do this.) 7.4 Income Statement Projections Create a projected income statement for your business for the first four quarters and the second and third years of operations. Create a bar chart showing gross revenues, gross profit, and net income. 7.5 Break-even Analysis Calculate your break even to determine the number of units/break-even volume. 7.6 Ratio Analysis Calculate all key ratios, using your projected financial statements. Compare these ratios to industry numbers, using publicly available data. (Cite and reference your sources.) 7.7 Risks & Assumptions List all risks and assumptions that underlie your financial projections. Identify external factors that may create/be substantial risks. ***Please review the Announcement for this week for helpful articles and video's. Approximate minimum page length requirements by section in an APA formatted business plan: Section 6.0 -‐ 5 to 6 pages.