Business plan; financial section Essay Example | Topics and Well Written Essays - 250 words

Business plan; financial section - Essay Example In approximation, the occupancy expenses add up to $100,000. These expenses are expected to increase as the business grows. However, the company will purchase its own premises as soon as it can. The estimated fixed assets by the receipt master are $200,000. This is because they are not expected to be very many in the business’ first year of operation. These few assets will just be enough to keep the business operating before it makes enough profit to fund its other assets (Friend and Stefan 38). The growth expenses add up to $2.5 million but there is no debt incurred by he receipt master. The growth expenses are expected to increase as the business progresses. Due to the uncertainties that come with the beginning of a new business, the miscellaneous expenses add up to $100,000. However, these expenses are expected to amount to a smaller amount that this due to the extensive research and precise calculations done prior to the actual planning. The figures have been put to the higher side of the probability or the