Reference no: EM133222527
Question: Financial projections for the expenses required to operate your business concept, and projections for revenue potential for a business venture, often represents a significant challenge to the budding entrepreneur.
List the major expenses and amounts for your business concept for the 1st year, including cost of inventory, personnel expenses, marketing and advertising costs, and any other necessary expenses you can identify.
Summarize the total cost of operations during Year 1.
Estimate the 1st-year sales.
Describe the number of customers you will be able to sell to and how much each customer will purchase during the 1st year, and summarize your total estimated revenue in Year 1.
Summarize how much financial capital will you require from investors to start up your business.
Describe the estimated valuation for your business concept and how you calculated it.
Summarize how much equity you will offer to an investor in exchange for their investment in your business, which will cover your start-up expenses.