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MGT401
US
University of Phoenix
In this assignment, you will identify basic costs and revenue projections for a business budget. The goal is simply to identify these items since you will be completing more detailed financial projections, cash flow statements, and budgets in FIN/375 Financial Management in the Small Business.
Write a 350- to 525-word paper in which you identify and describe estimated costs and revenue projections for your product(s)/service(s), and include the following:
o Sources of funding or revenue (e.g. bank loan, investments, expected sales)
o Fixed costs (e.g. a physical business location or warehouse lease, utilities, transportation, security, insurance, technology, equipment or tools)
o Variable expenses (e.g. raw materials, packaging, personnel, shipping, marketing)
o One-time purchases (if any)
o Total projected income
Create a business budget spreadsheet and include your projected revenue, costs, and totals.
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