i am estimating the business expenses for acompany called biogas. This is my own estimationof what the costs should be for our $30.000,000launch cost. Could somebody kindly help me withthis because I'm struggling.
Winston: o What are the costs of doing business? Equipment. supplies, salaries. rent. utilities. and insurance arejust some of these expenses. Estimate what it will cost to do business for one year. Hint: insert the costs associated with doing business in the following table. The list below provides some hints as to where you can get this information. Note that these are Jiust estimatesjust try your best to include accurate costs for the expenses you think will be a part of doing business. Hints for each expense in the table below: a item: How many square feet is your place of business? What is the \"going rate\" per square foot for office space in your community? A real estate agent or government websites such as mxmgapgdabuymm can be helpful in answering this question. :- Salaries: Refer to the organizational chart. How much will each employee earn? How many hours will each employee be needed on a weekly basis? Once you've determined the weekly cost, then expand it to a monthly and a yearly cost. a Supplies: How much will all of the computers, equipment, and furniture cost? What kinds of general office supplies will you need? Most prices for this information can be found on an office supply website such as http:/fmvstaglescaf. . Advertising and Other Promotions: Refer to your marketing section. You have described how you wish to reach your customernow you need to decide how much it will cost. if you are using television, contact the sales department at a local station. if you are using newspaper, contact their advertising department. Salespeople are usually happy to answer your questions. a Utilities: These amounts will vary, depending on your business and what utilities you will pay. if your business looks like an ofce. then this cost may be similar to what a homeowner pays. However, if your business involves making a product, then the costs will be significant. in insurance: This value will be affected by the nature of the business. More equipment will usually mean higher insurance costs. Expected E xpenses Monthly Cost Expected Yearly Cost Rent Salaries and Wages Supplies: Technological, Equipment, and Furniture (computers, software. copy machine, desks