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What is your start up revenue and at the end of the first year, will you break even, have a profit or a loss?Explain

Think about your business in terms of start up costs.

Do you have capital? Where is it coming from?

Do you have investors? Are you applying for grants?

Put together a financial budget for your start up. Keep in mind the following:

Licenses

Business forms

Permits

Rent

Salaries

Utilities

Marketing (including research)

Supplies

Equipment

Fees

Insurance

Inventory

What is your start up revenue and at the end of the first year, will you break even, have a profit or a loss?

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