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Prepare a year one budget cash flow based on your answers in Question 3 and upload the file. Hint: Excel has a great template available
Prepare a year one budget cash flow based on your answers in Question and upload the file.
Hint: Excel has a great template available Small business cash flow forecast which will allow you to enter the expenses you had identified in Question and their probable costs associated. Refer to steps set out in Learning Material on how to access this template.
Question answer
Payments for office or retail space leased or rented
Utilities such as internet, water, and power
Premiums for insurance property professional liability, general liability, etc.
Pay and benefits for employees
Equipment and supplies for offices
Costs associated with marketing and advertising
Accounting and legal costs
Software licensing and IT infrastructure
Costs associated with inventory or raw materials
Upkeep and fixes for facilities and equipment
Expenses for travel and lodging
Permit or licensing costs
Professional associations or memberships
Expenses for research and development
Repayment of loans or interest
Taxes: sales tax, property tax, income tax, and so forth
Employee training and development initiatives
Costs associated with packaging and delivery
Programs for acquiring and keeping customers
Asset depreciation
Sales of products: Provided that buyers pay at the time of purchase, revenue may be earned right away.
Service fees: Based on billing cycles, revenue can be received at regular intervals or upon completion of services.
Subscriptions: Based on subscription arrangements, income is produced on a regular basis, such as monthly or annually.
Advertising: Partnerships for advertising may generate income; payments may be made on a monthly, quarterly, or yearly basis.
Licensing or royalty fees: Income may be obtained in accordance with the conditions of licensing contracts; royalties may be paid on a regular basis or in one lump sum.
Commissions: When sales are generated through affiliate agreements or programs, revenue is received.
Rental revenue: Tenants or lessees may provide a monthly source of income.
Consulting fees: Payment is received at the conclusion of projects or at predetermined checkpoints.
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