Deliverables
Please answer the following questions relating to how you will raise and allocate money for your company. Please compile these answers into a well-formatted document.
- How will you get funding to kickstart your company? Provide multiple sources. A good company never relies on one method of funding. Include a pie chart in your document that details where your funding comes from
- How much will it cost to create the product and how much will it cost the consumer? Be sure to back up your answer with evidence and sources
- How will you maintain clear and effective communication between different teams or departments?
- What potential risks have you identified in your companyβs operations and how will you address them?
Budget & Earningsβ
Include a spreadsheet that outlines the budget and potential earnings for your company over the course of a year. Make sure to incorporate any potential cost and revenue stream including costs due to marketing. Your budget should be a detailed rough estimate, but make sure to provide sources. The structure of the spreadsheet is up to you.
Company Structureβ
Include a document outlining the hierarchical structure of your company, detailing any potential teams and departments, their purposes, and the chain of command. Additionally, provide a visual representation of your company's 5-year plan.
The specifics of this visual are up to you to decide.