Fin 317 Wk 4 Assignment 2 the Basics of a Start Up

The purpose of this business plan is to raise enough money to open and run a

Beginning a new business venture sounds like a easy task. All you need is a great idea, opportunity to select your team so you can begin to make some moves and find a few investors to invest in to this dream you have. Before you know it you are making a profit and moving onto a new location. Sounds easy but there is much more that goes into starting a new business than most people may know. To accomplish this, the business has to satisfy several objectives that exclusively add to the business. This paper will narrate some of the particulars of previous works from week two, three, and four with information such as the business and

2. What is the total cost? How much of the total cost are labor costs? Capital costs?

2. Provide a 100- to 200-word summary in which you provide an example business that you would start for each form. What is legally necessary to file in order to form that business? Discuss at least one of the advantages and one of the disadvantages of that form.

The cost of the stage depends on if it is already their or it needs to be built. It is a better idea to use a building with a stage already made then building a new one. There are many other cost relate to operations, again, these are related to what is already in the building. Other services like cleaning can be outsourced to other companies.

This section provides students with an understanding of key financial concepts essential for the planning of small businesses. Students will be expected to carry out calculations and to be able to interpret their results.

There would be initial cost tied to building the needed space and working to make sure that it’s accessible to all staff as appropriate. The size of what’s needed would vary store to store so there would need to be time spent researching volume trends for the locations.

For the medical division we will need all the equipments and drugs to treat/diagnose out patients. Since we have a focus on diagnosing cancer we will need the equipment necessary to run the tests in order to diagnose the disease in a patient. For the education service we will need the material necessary to provide our students with just, clear and reliable content, so they can improve and become more developed. For the micro-finance services, we will need the facilities, personnel and equipments necessary to offer our clients and donors/partners a reliable deal, so that everyone profits from

The four funding sources I would look to use are SBA loans ($300,000) because they promote small businesses, Bank loans (20 years for a total of $1,000,000) because that would be the most obtainable way of getting funding, asking family and friends ($10,000) for help because I would like them extremely involved in my business, and crowdfunding ($5,000) because the more interest in the area means the more potential money that a kick-starter may bring in.

The three main challenges when setting up a business are: cash flow, product supply and demand, and human resources. Depending on the type of business, you will have the initial cost of beginning the business prior to any income derived from that business. What type of product are you selling and is there a consumer

When considering to form a new business the ‘Starting a Business’ within the Starting & Managing tab is the first and most important place that every individual should start off at. The section helps ease the decisions that are involved in starting a business, most importantly it prompts the reader a reality check to see if starting a business is right for them, ultimately saving time and money. In addition it outlines the whole business structure from writing a business plan and choosing a business structure that will property fit the plan, the process of registering a new business, the physical location, laws involved, business financials and hiring employees. This while information should be known by individuals who plan on starting a business with the hopes of longevity and

When considering the preparation and development of a resource, cost is an important factor to consider. As well as monetary cost of the

The conceptual venture that I am going to start when I get all the resources that I need is Wyatt’s Liquor and Tobacco Store. At my store, customers will be able to purchase varieties of liquor, beer, wine, and tobacco products. The Wyatt’s Liquor and Tobacco Store will be the cheapest store around that customers will be able to purchase liquor and tobacco products all the time. In order for me to start my business, I have to get an beer-sales license, tobacco license, beer and tobacco sales training program, business license, business plan, retail storefront, wholesaler

initiative is to attract outside capital, given the lack of collateral and sufficient cash flows and the

period (based on operating schedules and budgets) in terms of materials used, labor cost, and overhead cost, and then determining how much of this production, if any, was used to build up