List these out and give estimates to those costs. How much funding do you need to open the business based on first bullet about expenses/costs?
Cost Structure/Expenses/Funding
What are your major expenses or costs to get the business started including customer acquisition costs, cost to produce good/service/idea, distribution costs, human resources, equipment, tools, operating costs, building leases or purchase of property, etc.? Think fixed and variable costs. List these out and give estimates to those costs.
How much funding do you need to open the business based on first bullet about expenses/costs?
What will be the sources of that funding ? Give rationale about why these would be good sources.