You just inherited some money, $100,000 to be exact. Your great-great grandma willed this money to you, under one condition – in her lifetime she was a very successful entrepreneur – that you may only use the money to start your own small business. Also, the only money you can keep is the net profit you make from your venture. In other words you may not keep any of the initial $100,000 she willed to you. Rather, after a maximum of 3-5 years, you must donate the $100,000 to a charity of your choice.
Cost Analysis (varible and fixed cost, per unit cost, based on your estimated producation per month or year)
Budgets (monthly pudget for 1 year, then 2-4 yearly budgets)
Break-Even Analysis
Financial Analysis (ROI/NPV) for 1-3 years (budgeted income statement and or/balance sheet