Financial Modeling and Operational Analysis in an Underdeveloped Country.

Charles flew from the United States to Tegucigalpa, Honduras. While on the airplane, he recognized his nervousness about the opportunity, but focused on getting dairy farmers to understand business in financial and operational terms. As the flight ended, he believed that his financial and accounting background would help the 15 to 18 dairy farmers determine profitability and efficiency of dairy farms. However, he wondered about the risks faced by these entrepreneurs with a lack of financial and operational information. After students complete the case, they will understand financial modeling needed to complete the forecast section of a business plan. [ABSTRACT FROM AUTHOR]