DATA (CANNOT CHANGE):

You must create a simple business to settle in a wagon or kiosk in the hallway of a mall. The lease cost of the kiosk or wagon is 15% of total sales (this includes water, light and the connection for the ATM and credit card collection machine to work). In addition, an initial deposit of $1,500 is required to receive the kiosk or cart key. This deposit is subtracted from the first year of the 15% that must be paid to the shopping center.

RESTRICTIONS: The business must sell a single product that you purchase already manufactured or prepared and sold at a single price. There should only be one acquisition cost and one sale price. Examples of possible business:

1. Sale of essential oils
2. Sale of fantasy jewelry
3. Selling handicrafts
4. Sale of caps
5. Selling ties
6. Selling straps
7. Sale of cell phone protectors
8. Flower sale
9. Any other product you choose

Requirements:

PART 1: Submit a written job describing the selected business. Using a table exactly like the one below, submit a list of all fixed costs and variable costs associated with the selected business operation.

PART 2: Estimate the amount of each cost item for one year. Orrate the internet or your contacts to find reasonable estimates and close to reality. To the extent possible, provide references from where you obtained the information to estimate costs.

Cost	Estimated at $	Source used to estimate cost PROVIDE: DIRECT LINK TO COST DATA
Fixed Costs (must be presented in TOTAL terms for each item)
Fixed cost 1:
Fixed cost 2:
Fixed cost 3:
Fixed cost 4:
Variable Costs (must be presented in UNIT TERMS for each item, the unit is the product you sell.
Variable cost 1:
Variable cost 2:
Variable cost 3:
Variable cost 4:

PART 3: Given the fixed and variable costs you have identified, calculate the business break-even point, in both units and dollars

PART 4: Describe the marketing strategies that will be used to make the business profitable.