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Fitness/training academy.. This is for my entrepreneurship class. I have a feasible financial feasibility sheet to fill out and do only the finance role part.

Date Posted: 22/10/2021
Category: Other
Due Date: 24/10/2021
Instruction
Fitness/training academy. Basically, I need basic expenses in the feasibility analysis. Everything in the two files will be shown below, in the second file( business outline part 2)that will be uploaded read the directions for each item carefully and follow them. the business model outline requires you to put everything into sentence format. You can't just throw numbers into the outline, you need sentences. ONLY do the Finance roles!!! Read the examples don't input anything in the columns from the examples.
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  • Feasibility analysis takes no longer than an hour && the second worksheet basically write everything in a statement format including with the numbers. You have any questions let me know.
    User_27509 | Oct 22, 2021, 00:34 AM
  • Ok, I'll work on it.
    ServiceMaster | Oct 22, 2021, 00:42 AM
  • Update?
    User_27509 | Oct 24, 2021, 06:35 AM
  • I'm working on it, I'll send it in a few hours
    ServiceMaster | Oct 24, 2021, 11:14 AM
  • Hey, I have uploaded the assignment.
    ServiceMaster | Oct 24, 2021, 19:03 PM
  • Check it, release the payment and kindly rate.
    ServiceMaster | Oct 24, 2021, 19:06 PM
  • The fill in the blanks were suppose to be pertaining to Fitness/ training academy type thing. It shouldnt have anything to do with cooking.
    User_27509 | Oct 24, 2021, 23:52 PM
  • The examples were food truck related only. The examples should not be in the fill in the blanks.
    User_27509 | Oct 24, 2021, 23:53 PM
  • You didn’t follow directions. The “ fitness/academy training” details should only be in those fill in the blanks and the assignment 3 part two outline shouldn’t have anything bakery related
    User_27509 | Oct 25, 2021, 00:01 AM
  • Let me correct it.
    ServiceMaster | Oct 25, 2021, 01:34 AM
  • Update ?
    User_27509 | Oct 25, 2021, 17:10 PM
  • Hello, I'm working on it
    ServiceMaster | Oct 25, 2021, 17:16 PM
  • I have uploaded the corrections as file 3 and 4
    ServiceMaster | Oct 25, 2021, 22:04 PM
  • On the feasibility worksheet , everything looks good except the inventory ....the row in the first table... your total costs should be higher. You have to add the $80,000 expansion costs to the $78,000 launch costs... so your last cell to the right for inventory costs for year one should be $158,000...that's if I am understanding you correctly that you mean to double your inventory spending at expansion.
    User_27509 | Oct 26, 2021, 16:05 PM
  • Hi. okay.
    ServiceMaster | Oct 26, 2021, 16:54 PM
  • Hello, I've changed the initial inventory cost to avoid interfering with the breakeven point and uploaded it.
    ServiceMaster | Oct 26, 2021, 18:39 PM
  • Hey, does it match with the business outline 2 as well? Like the correcting part that you did for the feasibility sheet?
    User_27509 | Oct 26, 2021, 18:44 PM
  • It does. The totals match.
    ServiceMaster | Oct 26, 2021, 19:00 PM
  • For both worksheets?
    User_27509 | Oct 27, 2021, 02:14 AM
  • Yes
    ServiceMaster | Oct 27, 2021, 02:15 AM
  • For the business outline part 2 , some of your answers are great... some of them sound like b.s. (not actually answering the question about your own business) here are a couple of your b.s. answers C) How might do your legal or staffing/payroll help? (Probably the small business development center) Staffing and payroll are important to get right. Delivering payrolls on time boosts the employee’s morale which reflects on the business’ financial stability and reputation. Errors in payments create a lack of trust. Obviously you need to pay people and not make mistakes. give me an answer: how will you literally solve this problem? Wherew will you get paytroll help? look it up online. I told you an answer: use a company like Stripe to do your payroll. tell me how much that COSTS.
    User_27509 | Oct 28, 2021, 15:11 PM
  • Hello, I have uploaded the corrections as requested. Question c) is grammatically incorrect, therefore getting the point it is trying to put across to respond with non 'b.s.' answers is tricky. My initial response had also stated that I intended on managing everything internally being a small business with only TWO employees, outsourcing payrolls was therefore unnecessary in opinion. However, I have answered with what might be done for a larger business.
    ServiceMaster | Oct 28, 2021, 19:08 PM
  • Looks good to me. The whole idea is to analyze but also provide the solution. You analyzed :" payroll and payment processing issues are important" Solution:" square is a company we can use to solve that problem " Repeat over and over. Define the entrepreneurship problem. Define the solution.
    User_27509 | Oct 29, 2021, 06:42 AM
  • What’s the break even point and target revenue? So that I can release the funds.
    User_27509 | Nov 01, 2021, 18:03 PM
  • The breakeven point is when total revenue equals the total expenses, so its zero (0). Figures after the breakeven point has been bolded as instructed ( the last two years). Target revenue as indicated on (assignment 3) is at least $18,000 monthly thus $192,000 annually.
    ServiceMaster | Nov 01, 2021, 18:22 PM
  • hey, is it too late to brea down the overall cost?
    User_27509 | Nov 13, 2021, 02:42 AM
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