Sunny, a recent graduate with a Bachelor of Business Administration degree and a Marketing concentration, is standing at a pivotal career crossroads. Having secured a marketing assistant position with a prominent local realtor named Diane, Sunny's dynamic personality proved to be a natural fit for hosting home viewings and engaging with homeowners. Recognizing Sunny's value, Diane increased his compensation from minimum wage to an annual salary of $28,000, based on a mutually agreed schedule of around twenty-four hours per week, primarily on weekends.

Sunny believes he could potentially earn $50,000 per year working full-time in real estate, albeit over a gradual five-year period. Additionally, Diane reimburses Sunny for his driving expenses at the CRA rate of 61 per kilometer for the first 5,000 kilometers driven in 2022. Despite diligently tracking work-related kilometers, Sunny contemplates including some personal driving within his reported weekly mileage, as he often discusses real estate matters outside of work hours.

Considering a second job offer unrelated to his field, Sunny contemplates accepting a role in waste management that pays $17 per hour for six hours per day, four weekdays each week. While this would provide immediate financial relief given his current paycheck-to-paycheck situation, the job lacks alignment with his career trajectory and offers no potential for advancement.

In addition to this, Sunny envisions starting his own travel agency business. Drawing from his talent for organizing travel details, he's considering monetizing his abilities. With $3,000 allocated for one-time advertising expenses (brochures and social media ads), Sunny estimates generating $200,000 worth of vacation bookings in his first year, allowing him to charge a 5% fee. Although this may not yield significant income initially, Sunny anticipates doubling this figure in the second year through word-of-mouth referrals. Subsequently, he envisions raising the fee to 6%, benefiting from 10% year-over-year growth for three years, and eventually increasing the fee to 7% with steady revenues over the following five years. Anticipating business expenses, primarily car-related, to be kept at 12% of revenues, Sunny has not yet considered borrowing costs.

Sunny's options expand to include more aggressive advertising, such as renting a billboard for $500 per month with an initial $2,000 upfront cost. Alternatively, he could purchase the billboard outright for $20,000, expecting a 50% boost in projections (with the same fee percentages) over a decade. While maintenance costs are estimated at $1,000 annually, Sunny is unsure about expensing an asset like this.

Seeking guidance on his business venture, Sunny seeks advice on its profitability, accurate record-keeping, and basic accounting concepts. He's also considering involving a business partner, possibly his friend Nina, to cover the billboard costs in exchange for a share of his business. Sunny is looking for specific insights on pursuing his business idea, including strategies, financing options, ethical considerations, and any additional advice pertinent to his situation. answer it or find the issue and soultion in this whole data based on accounting.

please answer me fast