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A . Your business is seeking $ 5 5 5 0 0 0 in debt financing to launch its skincare business. The funding will be
A Your business is seeking $ in debt financing to launch its skincare business. The funding will be dedicated to securing a retail space,manufacturing the products and other necessary supplies and equipment. The fund is divided into the following:
Store build out: $
Inventory and suppliers:$
months overhead expenses rent, utilities etc $
Marketing costs: $
Working capital: P
Key assumptions
Number of initial customers per month:
Average item cost:$
Annual lease:
Prepare the financial statements for years. show figures
B Using the answer from A Briefly discuss the financials. Stress when the business will achieve profitability, how much capital it will take to get there, and when its cash flow will breakeven.
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