Comment on the viability of this business and the advisability of the investor making a $50,000 investment to get it started.

Phionia Phelps has developed a gourmet cat food. Not only is this food eagerly eaten by the most finicky felines, but it is specially formulated to prevent the many health problems of aging cats. Phionia has been making the food on her kitchen range and selling it at $250 per case only to close acquaintances who are also cat lovers. One of her wealthy acquaintances has now offered to invest in her business if Phionia will begin selling the product through her Web site. However, the investor wants Phionia to produce a budget for the first six months of operation.