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Please read the Marconi Mountain (MM) case (Note: use the version of the case in this Sessions file folder, as it has more financial details)
- Please read the Marconi Mountain (MM) case (Note: use the version of the case in this Sessions file folder, as it has more financial details) and answer the following questions:
- What key talent did MM have and what talent(s) was missing in this startup?
- Please estimate MMs startup capital cost (as part of the answer provide a list of each individual cost you used to tabulate the total startup capital).
- Please create a direct cash flow for the business for the first 8 months (i.e. from May to December) of operation. Make sure to include a detailed description of any assumptions, both revenues and costs, you make (e.g. sale(s) assumptions, etc.). Finally, please paste/embed your spreadsheet in the MSWord document you upload to D2L (saves instructors time, as only have one document to open to see full answer).
- Based on the CF please comment in some detail (i.e. 100-150 words) on the financial viability of Julies business.
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