Budget: Create comprehensive marketing budget graphs using the information below. Describe how you will pay for each element in your plan (provide a one year plan, and a short term plan, 5 years, to profitability)

BUDGET PLAN

Production of the Bluetooth shoe insert will start from cash collected from my savings. I have had this idea in my mind for over ten years, and I have prepared properly with the required capital. The production will require machinery worth $5000000. In addition to purchasing the land and the employees required to keep the company running, the total capital required settles at $8000000. I will also provide the money required to keep the company going for the next three months, even if there is no profit generated. If the production of the Bluetooth shoe insert does not prove any profit over the next year, it will be funded by a $5000000 loan from the government. One year into production should have gained enough profit to keep the business going and to repay the loan retrieved from the government. Over the next five years, the profit accumulated will be used to run the business. 30% of the profit will be used for advertising of the business. 50% will be used to develop other areas of the business and to maintain the smooth running of the business, providing a secure method of growth, since it is dependent on the business' sales.