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Economics of the business

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The Economics of the Business - This section addresses the basic logic of how profits are earned in the business and how many units of a business's profits must be sold for the business to "break even" and then start earning a profit. - Items to include in this section:

  • Revenue drivers and profit margins.
  • Fixed and variable costs.
  • Operating leverage* and its implications.
  • Start-up costs (including legal expenses, fees for business licences and permits, website design, business logo design, etc.)
  • Break-even analysis.

Explain and calculate properly all these economic points in terms of newly developed E-commerce business of tumblers.

Reference no: EM132722228

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