Question
A small grocery corner store in any city in the Greater Vancouver Area. I chose the role of a financial manager. I need research and
A small grocery corner store in any city in the Greater Vancouver Area. I chose the role of a financial manager. I need research and provide the first steps your company needs to finance the business and maintain it at a profitable level. What are the main expenses your company has to start the business? What is the potential revenue stream for the first year. What are your variable and fixed costs. How do price the products/services properly to get the breakeven in the first year. If that is not possible, please, explain when it is possible and how. What are the sources of finances (please, provide all possible options with explanations according to your business activity - for example, grants, banks, etc.). Please, include all the stakeholders required at this step.
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