Reference no: EM133475147
Question: Estimate roughly a start-up costs list, a forecast balance sheet, and a forecast profit and loss list with sample charts for a new small bakery in a suburb of Melbourne, Australia. (Shown by AUD$)
Scenario:
-The new bakery will be run by two owners, both of them come with more than 7 years hospitality experience.
-The bakery only offer takeaway service and only have 5 pastry product (price range between AUD$5 to AUD$12)
-The sum of up-front money is around AUD$15,0000, their budget for equipments is AUD$6,0000, and budget for ad and marketing is AUD$3,000.
-They currently have a three-year leasing contract for a ground floor area (83 m2). The rent is $58,000 per year ($1115.38 per week), and deposit is 3 months rent $1,4500.
-Anticipated weekly sales revenues is $7,500 within 6 months of opening.
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: Estimate roughly a start-up costs list, a forecast balance sheet, and a forecast profit and loss list with sample charts for a new small bakery
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