Funding: research current estimated APRs for your selected sources of funding.

Funding.

  • Research current estimated APRs for your selected sources of funding.
  • Create a table or chart to display this information.
  • Estimate direct costs, including capital, marketing, labor, equipment, and inventory/supply costs.
  • Prepare a budget that includes starting balances, monthly costs, loan/investment payments, cash flow projections, and required revenue.
  • Create a profit-and-loss statement for a 3-year period. Provide a revenue forecast, stating realistic assumptions, such as growth per year, in your projections.