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Tuesday, November 28, 2017

LOOK YOU CAN GET SOMETHING TO EAT AND PLANT !

WALT understand the basics of business.
To be successful we will:

Lists our costs and expenses

Know how many services/products we will see before we begin to make a profit

Students: Tristan, Chace, Ricci and Andy
Product/service   Recycled Hanging Baskets
 
Costs
Item
Amount
T - Shirts
$0.00 (From home)
Strawberry plants
$1.80 each  (The Warehouse) x9  =  $16.20
Total costs
$16.20

Expenses (one off and on going)
Item
Amount
Rent
$5.00
Advertising
Poster made out of cardboard.
Newsletter

Flyers

Total expense
$21.20

Income (money that people will pay)

Per product
Amount
$5.00

How much I expect to sell 9
Amount $45.00


I sell each product for  $ 5.00. To make a profit I must sell at least 5 of the hanging baskets

If we sell all nine baskets we will make a profit of $23.80.

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