Handmade Greeting Card Company | Assumptions
ASSUMPTIONS
Costs
- Costs are based upon expenses occurred to date and include, but are not limited to, projected future costs.
- Legal charges are determined by a per hour charge and are subject to change based upon our choice of legal firm.
- Supplies are based on the retail rate and are subject to change when and if we identify a wholesaler.
- Project inventory takes into account a increase in sales per month. Sales and inventory will grow based upon Heartsongs' increased penetration of boutiques and charities (monthly).
- Payment for product is assumed at 100% upfront in the financials. The cost of the card covers packaging.
- Only retail shops will earn a commission on card sales.
- Heartsongs is assuming very few personalized/custom card orders.
Financial Summary
- Heartsongs will use a capital investment of $3000.00, incurred solely by the CEO, to start the business. This investment...
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