compagny ice cream shop

It's very important to determine how much cash your new business will need to open and operate smoothly. Therefore, you must know how much capital you will need in order to cover all business expenses until you will reach the break-even point. Note that your business should have enough cash to cover all projected expenses for at least six months.

In this assignment, create a list of all your projected expenditures for an ice cream shop.

The following steps can help you get started:

First Step - List of all needed assets (equipment, furniture, fixtures, supplies, software) and people needed to start and operate your business

Second Step - List startup costs for inventory, marketing, sales, permits, needed market research, licenses, certificates, initial investment, legal fees, or professional charges

Third Step - Compute your monthly (min. 6 months) fixed expanses such as rent, insurance, utilities, phone, lease, health insurance, loan payments, taxes, Internet, shipping and other services,

Last Step - Estimate your salary, employees or hired contractors

This assignment will also help you to develop some sections of your Business Plan (Part II: Start Up and Running Costs sections).

Please note, the start up costs will depend on the type of the business and industry that you are planning to enter.

Therefore, the amount of projected expenses in the