Question: I do not know how to start this project, I need some extra help, Thank you. Assessment Instructions Part A You will create a new
I do not know how to start this project, I need some extra help, Thank you.


Assessment Instructions Part A You will create a new business of your choice. You have $2,000,000 cash to invest, the rest of the start-up costs will be covered by borrowings. Please discuss the type of business you will be starting with your assessor before attempting this assessment task 1. Describe your business in detail including a. Business name b. Business location C. Description of products and service d. Staff levels e. Equipment and facilities required2. Research the start-up costs for your business. Create a start-up budget. Include items such as: Start-up Costing for [ Business name] - [Year] START-UP COSTS Cost ($) EQUIPMENT/CAPITAL COSTS Cost ($) Registrations Business purchase price Business name Franchise fees Licences Start-up capital Permits Plant & equipment Domain names Vehicles Trade marks/designs/patents Computer equipment Vehicle registration Computer software Membership fees Phones Accountant fees Fax machine Solicitor fees Security system Rental lease cost (Rent advance/deposit) Office equipment Utility connections & bonds (Electricity, gas, water) Furniture Phone connection Shop fit out Internet connection Computer software Training Wages Stock/raw materials Insurance Building & contents Vehicle Public liability Professional indemnity Product liability Workers compensation Business assets Business revenue Printing Stationery & office supplies Marketing & advertising Total start-up costs $0 Total equipment/capital costs $0 Assumptions: All figures are GST exclusive
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