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Maria and partners are estimating the amount of capital that they will need to start their new restaurant . They have budgeted that $50,000 for
Maria and partners are estimating the amount of capital that they will need to start their new restaurant . They have budgeted that $50,000 for equipment and $50,000 to build the restaurant space in a large building. The partners have also budgeted that the restaurant will have $15,000 net loss each month for the first two months of business, a $5,000 loss in the third month, and gradually growing profits thereafter. How much capital will the partners need to begin their business?
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