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Resource: Preopening Budget Example Create a 3- to 5-year financial plan to implement the goals and objectives created in Part II of your strategic plan. The deliverables for the financial plan include a projected budget created in Microsoft Excel and a report in Microsoft Word that clarifies and explains the financial plan. Section One: Projected Budget Create a projected budget. The projected budget should be a Microsoft Excel spreadsheet that contains a 3- to 5-year financial projection that includes detailed expenditures, income, contingency, gain or loss, capital outlay, and ROI (if applicable). Include budget strategies to increase volume and budget assumptions. Section Two: Financial Plan Explanation Write a 1,050- to 1,400-word narrative discussing the fiscal details of the plan and the assumptions that were used in developing the projected budget. Include all the elements required in the projected budget. Include capital expenditure planning and contingency plans for unexpected events. Budget summary: When explaining your budget: Determine how the organization’s internal resources and financial capabilities affect your financial plan. Determine how they will affect implementation of the plan. Explain the details of the budget assumptions and the strategies to increase volume. Cite at least 4 peer-reviewed, scholarly, or similar resources to support your information.