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Thunder Bay, Ontario, Canada
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InPower App Human Resources Project
The main goal for the project is to develop and implement a comprehensive Human Resources strategy for InPower App, a start-up company focused on providing a safe and supportive online environment for women and non-binary individuals. This will involve creating HR policies, procedures, and programs that align with the company's mission and values, as well as ensuring compliance with relevant laws and regulations.
Financial Business Plan
We are excited to be launching a new business, (name of business and brief description of what the company will do). With any launch, having a financial plan is one of the keys to success, and we would like to involve students in creating one for our new venture. This will involve several different steps for the students, including: Learning about our business strategy from various employees to become familiar with our goals, mission, and products. Creating forecasts using Excel (or another financial software) for sales in the first year of operation as well as an income projection (conservative and aggressive). Working with our team to develop an expense budget. Conducting a break-even analysis timeline using financial projections. Reporting on projected assets and liabilities. Including visual comparisons such as graphs and charts to show the differences between the conservative and aggressive income projection.