Business - Financial Flashcards

1
Q

Input costs

A
  • we plan to have a loan from a bank to get our business started
  • we will use this money to get the necessary equipment and a car and cover basic insurance and training
  • around $4080
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2
Q

Profit margin

A
  • $68400 profit margin yearly per person
  • As our business expands we anticipate the profit margin will increase
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