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Create a Cost/Revenue Analysis based on the estimated startup cost. Background of assignment: An American business, Phoenix Herb Company (Kansas City, MO), will expand to
Create a Cost/Revenue Analysis based on the estimated startup cost.
Background of assignment: An American business, Phoenix Herb Company (Kansas City, MO), will expand to the foreign market. The business will open a location in Budapest, Hungary. The following are the estimates of startup cost.
4 Location: Budapest, Hungary 5 6 Budget Goal 7 Estimate Startup 8 Estimate Loss 9 Total Estimated Budget 10 $ $ $ $ 100,000.00 119,755.90 (10,000.00) (29,755.90) 12 13 14 Expense 15 Attorney Fees 16 Company Registration 17 Retail Building 18 Branding 19 Bank 20 Product Packaging 21 Product Packaging 22 Product Essentials 23 Travel 24 Insurance 25 Workers Comp 26 Total 27 28 Description Per Hour Register with Government Per Square Feet @ 23.81 Business Cards/Media Boosting Open an Account 7x5 storage bags 2x4 Labels Storage Containers, Shelving, etc 3 trips to Budapest General Liability Insurance Estimate $ 2,060.00 $ 1,980.00 $ 95,240.00 $ 1,000.00 $ $ 120.00 S 469.00 S 2,000.00 $ 6,000.00 S 780.00 $ 1,332.00 Padding Total 10% $ 2,266.00 10% $ 2,178.00 10% $ 104,764.00 10% $ 1,100.00 10% $ 10% $ 132.00 10% $ 515.90 10% S 2,200.00 10% S 6,600.00 10% $ 858.00 10% $ 1,465.20 $ 119,755.90 4 Location: Budapest, Hungary 5 6 Budget Goal 7 Estimate Startup 8 Estimate Loss 9 Total Estimated Budget 10 $ $ $ $ 100,000.00 119,755.90 (10,000.00) (29,755.90) 12 13 14 Expense 15 Attorney Fees 16 Company Registration 17 Retail Building 18 Branding 19 Bank 20 Product Packaging 21 Product Packaging 22 Product Essentials 23 Travel 24 Insurance 25 Workers Comp 26 Total 27 28 Description Per Hour Register with Government Per Square Feet @ 23.81 Business Cards/Media Boosting Open an Account 7x5 storage bags 2x4 Labels Storage Containers, Shelving, etc 3 trips to Budapest General Liability Insurance Estimate $ 2,060.00 $ 1,980.00 $ 95,240.00 $ 1,000.00 $ $ 120.00 S 469.00 S 2,000.00 $ 6,000.00 S 780.00 $ 1,332.00 Padding Total 10% $ 2,266.00 10% $ 2,178.00 10% $ 104,764.00 10% $ 1,100.00 10% $ 10% $ 132.00 10% $ 515.90 10% S 2,200.00 10% S 6,600.00 10% $ 858.00 10% $ 1,465.20 $ 119,755.90Step by Step Solution
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