Question: 1 ) Restate your Customer Segment / Value Proposition hypothesis: I hypothesize that young children based around the world who struggle with learning disabilities, or

1) Restate your Customer Segment/Value Proposition hypothesis:
I hypothesize that young children based around the world who struggle with learning disabilities, or struggle with school in general will use Note Genius. An app powered by AI based on scientific research that will tailor your personal learning habits into a study/learning strategy to make education fun and exciting. The app can track your data to make sure you as a student are making good use of time and studying the most important information. Excellent organizational techniques have been put into place to ensure good learning habits in young minds.
2) What are your 1st year sales projections based on an average unit of sales? How did you formulate these projections? Evaluate seasonality by determining in what months you typically collect revenue.
3) What are your costs directly attributable to making those sales including material, labor and overhead? When/what hours will your employees be working? How will you deal with the seasonal variations of demand?
4) Calculate your unit contribution margin.
5) Based on your forecasted assumptions, what are your startup costs i.e. what money must be spent prior to your first day in business in order to meet your sales projections? What did you do to minimize those in order to decrease your startup risk?
6) Based on your assumptions what are your yearly fixed costs or costs that cant be directly attributable to making specific sales (i.e. rent).
7) When will you typically collect money from the customer? When will you typically have to pay your expenses? If there is a gap of more than 30 days, how can you narrow this gap?
8) Assuming that you as an owner do not pull any cash out of the business either in the form of a salary or as an owner distribution of any type, how much cash would you have left at the end of the year? Do you have enough money remaining to pay recover all of the startup costs?
9) Given all of the information above, is this a worth starting? Why or why not?

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