COMPETITIVE EVENTS--Business Financial Plan
2009-10 Topic

Business Financial Plan

Business financial planning is paramount to the success of any business enterprise.  This event is designed to recognize FBLA members who possess the knowledge and skills needed to establish and develop a complete financial plan for a business venture.  The financial plan requesting a loan from a financial institution must be economically and financially sound with a realistic time frame.  In addition to learning and applying financial business decision-making skills, team participants develop business contacts, implement written and oral skills, and develop familiarity with procedures of financial institutions.  The student(s) will complete the plan based on the posted topic on the PA FBLA web site.

Restrictions: May be an individual member or a team of 2-3 members; one member may repeat
Region Leadership Conference Eligibility: Not a regional event
State Leadership Conference Eligibility: Any chapter may submit two reports for the state conference; must submit project to PA FBLA Executive Director by published deadline.  Top 10 teams will participate in oral presentation of project at the SLC.

2009-2010 Topic:
You want to purchase and operate a Coffee Bar. The business is currently owned by a retiring couple who have owned the business for 20 years. Along with purchasing the business you need to update the surroundings and kitchen and turn the business into a health conscious business catering to individual tastes. The business will have an in-house bakery to include items for diabetics as well as gluten-free choices. Lunches and catering will be available.