b plan - rd year we would expect to bring in a $630,000...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
The money we need to start is $100,000 to get the business up and running. The money we need to start is about $375,000 after loans. We would need about $225,000 to start for the first year. Our projected income for the first year would be about $275,200 profit for the first year. Our second year expected profit $458,000 and our 3
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: rd year we would expect to bring in a $630,000 profit. Our breakeven point would be at 2 years if we meet our projected income of $458,000. the total cash amount we would need to start would be $475,000....
View Full Document

This note was uploaded on 10/14/2008 for the course BUSN 101 taught by Professor Markcamma during the Spring '07 term at Atlantic Cape Community College.

Ask a homework question - tutors are online