Business Financial Plan

FBLA Business Financial Plan

fbla business financial planBusiness 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, FBLA team participants develop business contacts, implement written and oral skills, and develop familiarity with procedures of financial institutions.

2011 FBLA State & National Conference Topic

The topic to be researched and presented will be:

Due to the economy, changing lifestyles, global warming, and the desire for stress-free vacations, you are going to open a service business called Backyard Vacations. This business will be based on the idea that your home is now your vacation spot. The business will come in and change the customer’s yard to accommodate the family. This could include installation of pools, spas, playgrounds, grills, porches, gardens and areas for relaxation. Prepare a business financial plan for the purchase of the materials including the rent of a centrally located building, office equipment, and startup capital for the first 20 customers.

Career Cluster(s):

Business, Management & Administration; Finance

Business Education Curriculum Standards:

Accounting, Communication, Computation, Economics & Personal Finance, Management.

FBLA Eligibility

Each FBLA chapter may enter two reports in this event.


Any information below supersedes general guidelines.

  1. FBLA Student members, not advisers, must prepare reports. State and local advisers, as well as local financial institutions, should serve as consultants to ensure the financial plans are well organized, contain substantiated statements, and are prepared in an acceptable format.
  2. A one-page description of the plan should be the first page of the report.
  3. The table of contents with page numbers should be the next page of the report.
  4. Follow the rating sheet sequence in writing the report. If information is not available for a particular criterion, include a statement to that effect in the report.
  5. Reports must not exceed 15 pages, including the title page, table of contents, divider pages, and appendices.
  6. The oral presentation component must be conducted by the authors of the proposal only.
  7. Reports must not exceed 15 pages. The one-page description and the cover do not count in the page count – the table of contents does.

Written Report

Report formats must follow the same sequence shown on the rating sheet. If information is not available for a particular criterion, include a statement to the effect in the report. The report must be similar to that of a business financial plan with substantiated statements in a clear and concise format.

Creativity through design and use of meaningful graphics is encouraged.

Oral Presentation

The top reports will give an oral presentation.

An FBLA individual or team of two or three members will give oral presentations that will be an interactive situation. The FBLA members will explain the business venture, the financial plan, and their request for a loan.

Judges will serve as officers of the financial institution, questioning and interacting with the team members throughout the presentation.

Five minutes (5) will be allowed to set up equipment and seven (7) minutes will be allowed for the oral presentation. The presentation will describe the project and the results obtained. The chapter must provide all equipment for the presentation. Visual aids and samples specifically related to the project may be used in the final presentation. However, no items may be left with the judges or audience.

A timekeeper will stand at six (6) minutes. When the presentation is finished, the timekeeper will record the time used, noting a deduction of five (5) points for any time over seven (7) minutes. Following each presentation, the judges may conduct a three (3) minute question-and-answer period.

The performance is open to conference attendees, except performing participants of this event.

HV FBLA Knows FBLA Business Financial Plan

Adapted by HV FBLA Members MaryAnn Ellis, Jessica Newton & Kaitlin Snider

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