Question

For the following, the business in question is a Masonry Business.

Week 05 Module 02 Activity: My Startup Expenses 14 14 Ons we ollege There are common startup costs you're likely to have no matter what. Look through this list, and make sure to add any other expenses that are unique to your business. • Office space • Equipment and supplies • Communications • Utilities • Licenses and permits • Insurance • Lawyer and accountant • Inventory • Employee salaries • Advertising and marketing • Market research • Printed marketing materials • Making a website Estimate how much your expenses will cost onnect m Once you have your list of expenses, you can estimate how much they'll actually cost. This process will be different for each expense you have. Some expenses will have well-defined costs - permits and licenses tend to have clear, published costs. You might have to estimate other costs that are less certain, like employee salaries. Look online and talk directly to mentors, vendors, and service providers to see what similar companies pay for expenses.

Answer 1

The business is - A Software Training Center with capacity of 20 students

Total = $ 55250

Sr Ref Expense Head Tentative Cost Expense Nature Estimates 1 Experts 15000 Monthly 6 module experts @ $ 100 per day per expert for 25 days 2 Support Staff 1000 Monthly Receptionist, Guard, Accountant 3 Utilities 150 Monthly Office Stationary, Elctricity, Maintenance 4 Center Space 800 Monthly 16950 5 Business Registration 100 One Time 6 Software Licence 24000 One Time 20 licences @ $ 1200/licence 7 Market Reseach 1000 One Time 8 Desktops 8000 One Time 20 licences @ $ 400/licence 9 s/w installation 400 One Time $ 20 per installation 10 Furniture 2200 One Time $110 per set of chair and 11 Smart Board & Projector 600 One Time 12 Advertisement & Marketing 600 One Time 13 Office Equipments 1200 One Time Printer, Telephone,Fax etc 14 Website 200 One Time 38300