Question: please read the case study and answer the qustion Brian is a recent college graduate with a degree in construction management. He is a nontraditional
please read the case study and answer the qustion
Brian is a recent college graduate with a degree in construction management. He is a nontraditional student with 10 years of construction experience, which complements his college degree. He has a beautiful little girl whom he adores and who loves to act out children's stories. His living room frequently becomes a castle, a working ranch, a science laboratory, or a gymnastic facility and more. As a result of this regular transformation, Brian has basically lost the use of his living room, so he has developed a business idea to solve his problem. He will build custom playhouses sturdy enough to last a lifetime. His playhouses will have movable features that will quickly transform the playhouse into a child's playtime of choice. He has approached an investor with his idea, and the investor was intrigued to the point of asking Brian to come back with start-up costs. Brian needs assistance in developing this initial list that will allow him to obtain the needed funding to begin his new business Brian knows he needs the following tools and supplies: construction hand tools, skill saw, handsaw. power drill, and sawhorses that will cost approximately $300. Wood, nails, paint, and other supplies for each playhouse will be approximately $800, depending upon the size of the playhouse. Brian wants to build two playhouses for his beginning inventory. He has a lawyer on retainer who will charge him $300 for legal fees and his accountant has agreed to set up his accounting system on QuickBooks for $250. His insurance cost will be around $150 a month for the business insurance needed. He plans to use social media for advertising so will need around $100 a month to promote his business for a year and he knows he needs $400 in his cash reserve to cover other incidentals as he begins; however, he has decided to not include this amount right now. He also needs to hire a designer to come up with interior decorating ideas. He knows a college student who has agreed to charge Brian $200 for a basic design and decoration. Brian will also need a new laptop and printer to devote to the business, which will cost around $1,000 Help Brian to calculate the amount of total set up costs
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