FINANCIAL PLAN $$$

The average entrepreneur’s salary is about $51,000 a year

The price of international shipping is around $60 with a 30kg maximum

The price of average insurance is $10,000 per month with a maximum benefit period of 5 years.

 

Below is a chart of what my financial state is currently at for this and the table of information for the chart as well.

 

	Total Price	Manufacturing	Profit	Wages	Advertising	Delivery	Insurance
Plain	$38,000	$32,000	$6,000	0	0	0	0
With Advertising	$37,000	$32,000	$5,000	0	$1000	0	0
With Wages	$93,000	$32,000	$61,000	$51,000	$1000	0	0
With Deliveries	$92,940	$32,000	$60,940	$51,000	$1000	$60	0
With Insurance	$82,940	$32,000	$50,940	$51,000	$1000	$60	$10,000

The costs per month and year depend on how many people purchase my product, the excess fees will come out of the profit, it I have any.

It was very challenging to find the right information for this table.

For a better version of the table click the link below for a PDF version:

My Product’s Financial Plan PDF

 

Unfortunately that is all for this term! I will do a presentation on how my product will work and why people should buy it. I hope you enjoyed my Innovation and Enterprise Blog Posts for 2018!

Until another blog post!