Hi I am preparing cost/benefit analysis for startup business, advantages and disadvantages. .. and then it asked
Question:
Hi
I am preparing cost/benefit analysis for startup business, advantages and disadvantages. .. and then it asked compare the total expected cost (disadvantages) of each against the total expected benefits (advantages) to see whether the benefits outweigh the cost and by how much. I dont understand how to give $ value to advantages and disadvantages. I wrote advantages (i) financial rewards (ii) lifestyle flexibility (iii) personal satisfaction (iv) continue personal growth, pride and fufillment; and disadvantages (i) financial risk (ii) monthly obligations (iii) high level of stress (iv) variation of monthly income (v) requires a time commitment.
My question is how to give $ value to advantages and disadvantages. I would appreciate it if you could explain me. thanks