Present a break-even model for your case algebraically

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Reference no: EM133537060

Question: Consider starting a small business to sell coffee, ice cream, or snacks during the summer break in one of the malls and you need to collect data about some of the following relevant cost figures: (Advertising, insurance, space rent, equipment rent/depreciation, transportation, labor). Subsequently, you will need to estimate the average selling price and corresponding breakeven point. (a) Provide a short narrative describing your small business case with full reference to your collected data and explain how did you project the data for the 3 summer months. (b) Present a break-even model for your case algebraically, graphically, and using a spreadsheet. (c) Use the results in (b) and some estimated demand figures to make recommendations on how to run this small business.

Reference no: EM133537060

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