Financial Information for a salon project.

12.

Initial startup:

Estimate the amount of money it will take up front to launch this business. Will

the $50,000 be sufficient? Do you need to raise additional cash, and if so, how? (See chapter

7.) Include a short breakdown of the startup costs by category. How will your group manage

without any revenue during this time?

13.

Ongoing Revenue

- How much revenue from sales do you expect in year 1 and beyond? How

slowly or quickly will your revenue grow?

14.

Ongoing expenses

- What expenses will you incur in the first year your business is open?

15.

Do your marketing plan, operations plan and staffing plan all align with this financial

information