Part $3\mathrm{.}5$ of business planon my buisness opportunity limber ice. popular in puerto rico. $3\mathrm{.}5$ Fixed Expenses for One Month

Expense Type Monthly Cost Explanation

Insurance Insurance to cover any liability

Salary Salary to cover managing operations

Advertising Will advertise on social media

Interest Interest on development loan

Depreciation Deprecation on computer

Utilities Cell phone and internet

Rent No physical location needed to run the business

Other Fixed Expenses $$0$ N$/$A

Total Fixed Expenses

$3\mathrm{.}6$ Income Statement for First Year of Operations

A REVENUE selling price $\backslash$times units sold

B Gross Sales selling price $\backslash$times units sold

C Sales Returns selling price x units returned

D Net Sales B $$ C

VARIABLE EXPENSES

Costs of Goods Sold

E Materials cost of materials $\backslash$times units sold

F Labor cost of labor $\backslash$times units sold

G Total Cost of Goods Sold E $+$ F

Other Variable Expenses

H Commission cost of commission $\backslash$times units sold

I Packaging cost of packaging $\backslash$times units sold

J Other cost of other costs $\backslash$times units sold

K Total Other Variable Expenses H $+$ I $+$ J

L Total Variable Expenses G $+$ L

M CONTRIBUTION MARGIN D $$ L

FIXED OPERATING EXPENSES

N Insurance cost of insurance $\backslash$times $12$ months

O Salaries cost of salaries $\backslash$times $12$ months

P Advertising cost of advertising $\backslash$times $12$ months

Q Interest cost of interest $\backslash$times $12$ months

R Depreciation cost of depreciation $\backslash$times $12$ months

S Utilities cost of utilities $\backslash$times $12$ months

T Rent cost of rent $\backslash$times $12$ months

U Other fixed expenses cost of other $\backslash$times $12$ months

V Total Expenses N $+$ O $+$ P $+$ Q $+$ R $+$ S $+$ T $+$ U

W PRE$-$TAX PROFIT M $$ V

X Taxes $(15\%)$ W $\backslash$times $0\mathrm{.}15$

Y NET PROFIT W $$ X