. Give an idea of the main costs involved in starting this business; minimum amount of resources need at start-up. a. Describe your income and expenditure flows: b. What ill be your major sources of income? c. What will be your major expenses d. How long do you think it will take for this business to start making profit? e.  As part of the work, prepare a poster presentation that captures the key aspect of the entrepreneur, about his/her business, family, what drives him/her (Poster presentation should be creative and attractive)

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section: Chapter Questions
Problem 5PA
icon
Related questions
Question

5. Give an idea of the main costs involved in starting this business; minimum amount of resources need at start-up.

a. Describe your income and expenditure flows:

b. What ill be your major sources of income?

c. What will be your major expenses

d. How long do you think it will take for this business to start making profit?

e.  As part of the work, prepare a poster presentation that captures the key aspect of the entrepreneur, about his/her business, family, what drives him/her (Poster presentation should be creative and attractive)

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
Brief Principles of Macroeconomics (MindTap Cours…
Brief Principles of Macroeconomics (MindTap Cours…
Economics
ISBN:
9781337091985
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Essentials of Economics (MindTap Course List)
Essentials of Economics (MindTap Course List)
Economics
ISBN:
9781337091992
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
ECON MACRO
ECON MACRO
Economics
ISBN:
9781337000529
Author:
William A. McEachern
Publisher:
Cengage Learning
ECON MICRO
ECON MICRO
Economics
ISBN:
9781337000536
Author:
William A. McEachern
Publisher:
Cengage Learning
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax