A finished BUS-317 Topic 8 funding request memo example, asking a finance director to fund new equipment and weighing purchase against lease in financial terms. Searches like "bus 317 topic 8 assignment example", "bus317 topic 8 sample" and "bus-317 topic 8 example" land here.
What a finished BUS-317 Topic 8 funding request memo looks like
The finished memo opens with the request itself: the sum wanted and, in the same paragraph, the saving it produces each year, when that saving repays the outlay and what the laundry risks if the answer is no. Everything else supports those lines. Savings are built from the course tools, counting only costs that change with the decision, such as water, energy and repair callouts, and leaving the building's fixed overhead alone. Savings are placed in the years they arrive and discounted at the company's required rate. A financing paragraph weighs buying outright against a lease, comparing the present cost of each instead of the monthly payment alone. The memo lists the alternatives it considered, including repairing the old line for another year, and closes by offering a measure the manager agrees to be judged against.
How a BUS-317 Topic 8 example is structured
The memo is written for a finance director weighing it against rival requests for the same money, and it is arranged accordingly. Its first paragraph carries the request, the return and the risk of refusal, so the decision could be made from that paragraph alone. A savings section follows, built line by line from costs that change with the new equipment, each with its source. Next comes a timing section that places the savings by year and discounts them at the rate finance publishes. The financing paragraph compares purchase and lease on present cost and on what each does to the department's flexibility. A section on alternatives explains why repair, partial replacement and waiting were each set aside. The memo finishes with the measure the manager commits to, the date it will be reported and the level below which the project would count as having failed.
Amount and return up front
The finance director can decide from the opening paragraph alone, which states the sum requested, the saving it produces and the cost of refusal.
Savings built from changing costs
Water, energy and repair callouts fall with the new line and are counted, while the building's fixed overhead stays out of the case entirely.
Returns discounted at the published rate
Savings are placed in the years they arrive and brought back at the company's required return, the same basis rival requests will be judged on.
Purchase weighed against a lease
The memo compares the present cost of each financing route instead of the monthly payment, and notes what a lease does to future flexibility.
Alternatives set aside with reasons
Repairing the old line, replacing half of it and waiting a year are each costed briefly, showing that the request survived a comparison.
A measure the manager accepts
The memo ends by naming the saving the manager expects to be held to, when it will be reported and what result would count as failure.
Where marks go in BUS-317 Topic 8
Memos that argue from workload, morale or the age of the equipment lose ground quickly, because a finance director comparing several requests needs figures that line up with the others on the table. Savings that include fixed overhead the laundry will carry anyway inflate the case and are usually spotted. Returns summed without discounting overstate a project whose benefits arrive late. A request presenting only the purchase option leaves the financing question for someone else, and the reader will notice the gap. Omitting the alternatives makes the proposal look like the only idea anyone had. A memo offering no measure to be judged against asks for trust instead of earning it, which is the weakest position a request can take.
Get a BUS-317 Topic 8 example written to your instructions
Send the BUS-317 Topic 8 instructions and the rubric shared in your classroom, with the case your section assigned. We write a custom example to those instructions and that rubric, with the request and return stated up front, savings built from changing costs, purchase weighed against a lease and a measure the manager accepts, in 24 to 48 hours. The first one is free.
BUS-317 Topic 8 questions, answered
What does a finance director look for first in a request?
The amount, the return and how confident the requester is about both. After that, whether the savings are built from costs that genuinely change, and whether the requester has thought about what could go wrong. A director comparing several proposals is looking for the one that can be checked most easily, so figures with visible sources carry more weight than larger figures without them.
Why include options the manager does not recommend?
Because a request with no alternatives invites the question of whether anything cheaper was considered. Showing that repair, partial replacement and delay were each costed and set aside demonstrates that the recommended option won a comparison. It also gives the budget holder a fallback if the full amount cannot be funded this year, which makes a partial approval easier to grant.
How is a lease compared with buying outright?
By bringing both to a present cost at the company's required rate and comparing like with like. A lease spreads payments over time and may include maintenance, while a purchase needs cash now and leaves the asset with the business at the end. Comparing monthly payments alone ignores timing, so the memo discounts both streams and then notes the flexibility each one gives up.