Question: he approximate investment needed to put up a candy store in Vancouver, B.C, would be around $70,000. Below items could be included in the capital
he approximate investment needed to put up a candy store in Vancouver, B.C, would be around $70,000. Below items could be included in the capital costs.
- Equipment and machinery - $ 30,000
- Office equipment & furniture - $ 2,000
- Candy Jars & containers, Shelves, and dispenser - $ 3,000
- Fees for licenses & permits - $ 300
- Inventory, raw materials & packing materials - $4,000
- Working capital to cover the first 3 to 6 months of utilities, wages, rent, and other expenses. - $ 30,000
Assuming that the MBA graduate has savings of $10,000, that he is willing to invest in his business, he would have to opt for a loan to finance the remaining $60,000.
Based on the data, what will be variable costs once you start the operations
mention labour
sales commisssion
material cost
utility
pacakaging expense
IN CAD. The business is in canada
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