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Aim: How can we create a budget outline for our business plan?. Do Now : Turn in last night’s homework!! Create lists for the following for YOUR personal business: Materials Equipment/Furniture/Appliances Approximate number of employees Rent estimation. Thursday Dec. 5, 2013.

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aim how can we create a budget outline for our business plan

Aim: How can we create a budget outline for our business plan?

Do Now: Turn in last night’s homework!!

Create lists for the following for YOUR personal

business:

Materials

Equipment/Furniture/Appliances

Approximate number of employees

Rent estimation

Thursday Dec. 5, 2013

today and tomorrow
Today and tomorrow…

You will complete a worksheet. Certain

information you will not be able to fill in until we

Work with the laptops next week to research.

Therefore, you will estimate, and then revise

later.

If you have a pencil, please use it!

mission vision
Mission & Vision

Mission: What are you seeking to do?

Vision: What is your ideal vision for this

business?

location include square footage
Location (Include Square Footage)

Chose a specific location.

  • On Thursday in the Mac Lab, you can research

an actual location, that is when you will provide

square footage.

services offered
Services Offered

What does your business offer?

Ex: Salon

  • Manicure/Pedicure
  • Haircut/Color
  • Waxing
market research results
Market Research Results

Did you chose a location that will benefit your

business?

Did you scout the area to make sure there isn’t

competition?

You will better be able to answer this Monday

during your research, but for now, explain the

type of location that would benefit your

business.

proposed start up budget
Proposed Start-Up Budget

You will need a certain amount of money to

start up your business. On the chart, list the

equipment, appliances, and furniture you

would need and estimate the costs.

Once again, this may be revisedMonday after

research

proposed monthly budget
Proposed Monthly Budget

Each month you will have recurring expenses

such as rent, materials, paying out employees,

etc.

Give details under each service and estimate its

cost. Can be revised after research.