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Kirito plans to start a cleaning business with $7500 initial investment. He charges his customers as following for the services he is providing. House cleaning
Kirito plans to start a cleaning business with $7500 initial investment. He charges his customers as following for the services he is providing. House cleaning -$60/hour. Time taken 2 hours. Common areas- $40/hour. time taken 4hours. Corporate cleaning -$35/hour. Time taken 2 hours. Special projects- $75/hour. Time taken 16hours. Cloud bnb -$100/per project. Time taken 1-3hours. Assume the special projects occur once a month. And cloud bnb projects occur for 3 months in a year. Assume kirito only plans to work for 25 hours a week. His expenses include the following. 1. $3000 down payment for the car and a month $80 fee for 5 years. 2. Purchasing a vacuum cleaner for $900 3. Inventory stock up every month for $500 4. Building up the website for $3300. One-time fee. Make a balance sheet and income statement for kirito's future business with the information given. Make assumptions as necessary.
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