SNHU Finance Economics Decision Discussion Specifically, the following critical elements must be addressed:  Show two years of financial history includin

SNHU Finance Economics Decision Discussion Specifically, the following critical elements must be addressed:

 Show two years of financial history including revenue, expenses, calculated profit, and calculated profit margins.

 Show three years of future financial projections for revenue, expenses, calculated profit, and calculated profit margins.

 Show calculation formulas in cells where appropriate rather than “inputting” numbers.

 Identify key assumptions and conclusions regarding financial projections.

 Present data in a professional manner with headings and meaningful number formatting.

Over the same company and the same country for expansion?

I need to create a excel document with this info, can you help??

I need it associated with the paper that I am includeing Josh Mowrey 1
At Alteryx, we are committed to revolutionizing businesses through data science
and analytics. There has been an explosion in industrialization and businesses in East
Africa over the past five years. However, businesses and industries in these countries are
yet to meet their maximum potential due to lack of ample data science and analytics
tools. Kenya, being the technology and industrial hub of the Eastern Africa presents a
good opportunity for Alteryx to venture into business within East Africa. This project
will not only offer the company an opportunity to positively impact the East African
markets but will also provide a growth opportunity for the company.
This investment project mainly aims at establishing an Alteryx branch in Kenya
that will serve the Eastern Africa countries. This branch will offer services such as data
security and data science and analytics services to major companies within the Eastern
Africa. A report released in 2018 by the Institute of chartered Accountants in England
and Wales (ICAEW) indicated that East Africa had the strongest economic and
technological growth in Africa, with Kenya having the highest economic growth.
The market research indicates that the technological boom is currently being
experienced in the East Africa where companies tend to lean towards data science and
analytics for a competitive edge within one year. Additionally, Kenya is currently looking
for partnerships and investors with foreign countries in order to expand its trade hence,
their financial regulations are quite friendly and acquiring government approvals are not
challenging. This would a most strategic time to venture into the Eastern African
markets.
This project will require renting of a new business space, computers and other
machines required to support the business operations and government approvals and
Josh Mowrey 2
licensing. Recruitment and training of new employees will be of vital importance to the
project. Also, being a venture into a new market segment, high levels of brand promotion
and awareness will be vital to the success of this project. Putting all these factors into
consideration the project requires a capital of $500,000.
The project could have a potential start up of September this year. Which during
the first four months of setting up this project, we would primarily rely on funding from
our investors. However, according the anticipated projections that the branch should be
able to accomplish to meet the financial needs that we want to reach after the first four
months to help with acquiring of clients. If the project does not produce tangible results
in terms of profits and clients during the first six months, then it will be terminated.
This project proposal is viable since the high levels of technological and
economic growth in this region presents an untapped market for our company.
Additionally, venturing into a global market will create new target markets hence,
resulting to more growth of the company. If industrialization and investment levels
continue improving at a steady rate within the next ten years, then this project is expected
to improve the company’s revenue by 14% within this period.
One of the major internal risks that the project faces is human resources mainly
because the company will be dealing new employees. To cope with this risk, the
company will offer extensive training.
The main external risk that the company faces is competition. Following the
projected growths, more companies are likely to venture into this business. In order to
cope with this challenge, we will create a strong brand awareness. Additionally, were the
Josh Mowrey 3
sales of our services fall short by 20% from our project sales, then this would
significantly lag the success of our project. However, if the sales were they to improve by
20% then the expansion of the project such as the introduction of new products would be
initiated.
References:
Daily News (2018) Africa: East Africa has the Strongest Economic Growth in Africa
ICAEW Report. Retrieved from: https://allafrica.com/stories/201809130346.html

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