Question
I am making a marketing plan, but he asks me to put what I have written here in a table where I generate this income
I am making a marketing plan, but he asks me to put what I have written here in a table where I generate this income for three years. Someone help me? Thanks in advance Kiaras Plus & More will earn revenue from sales earned through our customers. The first year the company is expected to have a profit of no less than fifty-four percent, thus making a net profit of $ 54,095 per month, after taxes. It has also been determined that the truncation point could be the same, not less than $ 16,900 in total monthly sales. We also have to push our annual profits in order to reach a goal of $ 405,000 for the third year of opening. Kiaras Plus & More, would be generating good income from the retail sale of clothing and other merchandise added to the company. It is expected to have a projection of sales for the first year which would be approximately $ 305,000, and we expect these sales to achieve profits of at least $ 600,000 by the end of the third year. Kiaras Plus 7 More, requires $ 282,000 to launch successfully. We have already collected about $ 70,000 of which $ 10,000 is from saved savings and $ 60,000 is acquired through personal investments. We are currently seeking additional financing from outside angel investors and business loans. The funds acquired to start the business would be being used to do some renovations, in addition to inventory and operating expenses such as rent, utilities and payroll services.
This asks the teacher: Forecasts and proforma A. Prepare an evidence-based forecast on projected sales, based on your penetration of your target market, giving the monthly proposed price for the first three years. B. Prepare a proforma summary of the income statement for three years, based on your earnings and market budget for three years and the usual percentages of expenses for a business like yours.
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