Question: Integrated Technologies Inc. ( ITI ) is a new startup that is developing and introducing new products in the consumer electronics category. This company does
Integrated Technologies Inc. ITI is a new startup that is developing and introducing new products in the consumer electronics category. This company does the design work for new products, but outsources all of the production.
There are only employees working out of an office space. Rent is $ per month
Utilities are $ per month.
Their investor has invested $million for a stake in the company. $million is available in month and the other $million will be made available in $ chunks every months in month and month as long as the team stays on track for profitability.
The investor will provide another $million once the company brings a new version of their product to market
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