Question
Financial Information for an ACCOUNTING FIRM. 12. Initial startup: Estimate the amount of money it will take up front to launch this business. Will the
Financial Information for an ACCOUNTING FIRM.
12.
Initial startup:
Estimate the amount of money it will take up front to launch this business. Will
the $50,000 be sufficient? Do you need to raise additional cash, and if so, how? (See chapter
7.) Include a short breakdown of the startup costs by category. How will your group manage
without any revenue during this time?
13.
Ongoing Revenue
- How much revenue from sales do you expect in year 1 and beyond? How
slowly or quickly will your revenue grow?
14.
Ongoing expenses
- What expenses will you incur in the first year your business is open?
15.
Do your marketing plan, operations plan and staffing plan all align with this financial
information
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