Develop a business idea for a small web-based business that was created due an opportunity you identified coming out of the social distancing and quarantine practice seen by countries to fight the spread of the COVID-19 pandemic.

- Determine the start-up costs

- Prepare the cash flow, income statement and asset sheets for the first year of operation.

Note the following:

1. In preparing the statements (See Appendices A, B and C below) the groups must identify all associated assumptions.
2. There must be a rationale/justification for the business idea, the product/service must be clearly stated/described, unique value proposition and intended target market should also be included here.
3. Start-up costs and the associated items must be reasonable and the sector taken into consideration