Imagine you want to produce paper cups, plates and for this business you have $15.000. You...

 

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Imagine you want to produce paper cups, plates and for this business you have $15.000. You should take your first steps to launch your business. You forecasted a profit of $30,000. 1. What are the first steps you need to take to start your own business? 2. You need to determine how you are going to cover business costs. Assess your finances. 3. Perform a break-even analysis. Using formula: Fixed Costs + (Average Price - Variable Costs) - Break- Even Point. 4. How much does the customer pay for the product? 5. How can you choose the right business bank? Imagine you want to produce paper cups, plates and for this business you have $15.000. You should take your first steps to launch your business. You forecasted a profit of $30,000. 1. What are the first steps you need to take to start your own business? 2. You need to determine how you are going to cover business costs. Assess your finances. 3. Perform a break-even analysis. Using formula: Fixed Costs + (Average Price - Variable Costs) - Break- Even Point. 4. How much does the customer pay for the product? 5. How can you choose the right business bank?

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