Budget and financial analysis Essay Example | Topics and Well Written Essays - 750 words

Budget and financial analysis - Essay Example It is common knowledge that obesity especially among the children has immediate as well as long-term impact on the lives and health of the affected population (Gollust, etal, 2013). For instance, there is high risk of cardiovascular diseases, cancer, diabetes as well as joint problems. The organization will require exactly $15,000 as a startup capital for the obesity eradication program. This money ($15, 000) will come from the three administrators of the organization (Nurse, Dietitian and Social worker) inform of donation. Healthy Neighbors Center was lucky to get sponsorship in form of donations not exceeding $4000 per month from a local based organization called Kick Out Obesity. Since the organization has limited financial sources as at its start up the organization will look for various avenues of increase its revenue stream. The company will begin by incorporating an online payment option to allow individuals subscribe to the programs, make donations, and buy articles as well as videos concerning healthy behaviors that can reduce or prevent childhood obesity. The income received from the administrators as well as the donations will be used to acquire office equipment, furniture, computer, telephone, stationary, personal digital assistance (PDA), website design, staff expenses, administrative supplies, office space, and training materials. In order to operate obesity suppression programs online the organization will contract a company to design a website where users can make donations and subscribe to the diverse obesity eradication programs online. Considering that, the organization is not for profit the administrators will not claim refund of their investment apart from salaries, which will be reviewed upwards after the first 2 years operation. For the first year of operation, the administrators accepted to earn bonuses rather than salaries