Financial Plan
Our financial plan is based on conservative estimates and assumptions. We will need to plan on initial investment to make the financial plan work.
KEY FINANCIAL INDICATORS AND ASSUMPTION
Sales and operating expense will be the key financial indicators. We project that there is a profit of $10,000 at the end of the first year
We assume that BCIT students can make $200,000 for the consulting project for the first year, and operating expense is $10,000.
PROJECTED START UP COSTS
The start up cost is about $10,000, it included furniture, equipment, and working capitals.
FUNDING
The $10,000 start up cost, I can get from my savings, my parents, and my brothers. I will take 100% equity, and the rest of them are debts.
PROJECTED PROFIT and LOSS
