Financial Factors (Creole Food Truck in SouthWest Louisiana)

For businesses as well as people, finances affect everything. People make decisions about what they can and can't do based on their incomes and outflows. Businesses acheive this even more so, as their livelihood is tied to turning a profit. In this portion of your business plan, you will consider some of the following points:

• How will you make money?
• How will you pay for your business startup?
• Will you acquire financing? From where?
• Estimated monthly overhead - rent, utilities, franchise fees, advertising fees, payroll costs, monthly fixed costs, monthly variable costs.
• How much will it cost to run your business?
• How much will you charge?
• Cost vs Sell price
• Profitability - how will you know if you are making a profit?