Designing budgeting tool and sensitivity analysis for a start-up. : Case: Witrafi Oy

Abstract

This study presents a thesis on the topic of designing budgeting tool and sensitivi-ty analysis for the commissioning company. The commissioning company is a Finnish Star-up and currently focusing on developing Intelligent Transport Sys-tems by using network based parking system. The aim of this thesis is to provide a ready-made budgeting tool therefore, the commissioning company can use the tool for its own purpose. This is a product-oriented thesis and it includes five project tasks. Project task one defines budget, project task two establish the purposes of budget, project task three design the budgeting tool, project task four implement the tool and finally project task five evaluates the project. The budgeting tool is designed by using Microsoft Excel and it consists revenue budget, operating expense budget, cash collection budget, cash payments budget, combined cash budget, cost of goods sold budget, budgeted income statement and sensitivity analysis. The outcomes of the project is: a ready-made budgeting tool for the year 2015 and 2016 and sensitivity analysis.