Share
Explore BrainMass

Amount of cash you are spending to sustain operations

Draft a business plan for my photography business

My fees include.....
Studio rental $480 a month
Camera lens $ 2,500 one time fee
Props $2000 one time fee
Photoshop software $200 one time fee
My total start up fees were $2,700

I have 5000 cash on hand to start my business. I need to calculate these formulas and answer these questions....

Complete pro forma financials, i.e., determine how much money you will need for the startup over a two-year period. Be sure to plan this out on a monthly basis over that 2-year period
To calculate this, you must determine your "burn rate," i.e., the amount of money you need on a monthly basis. Your burn rate is the difference between:
the amount of revenue you are bringing in and

the amount of cash you are spending to sustain operations

This requires you to estimate both your expenses and your revenues on a monthly basis for the first 2 years your startup is in existence
Justify all calculations and estimates.

Solution Preview

help with homework question business plan
Need help with my business plan for my photography business

My fees include.....
Studio rental $480 a month
Camera lens $ 2,500 one time fee
Props $2000 one time fee
Photoshop software $200 one time fee
My total ...

Solution Summary

Solution helps in estimating amount of cash you are spending to sustain operations

$2.19