Can Your Business Make Money?

Even with the most thorough of market research and the best business plan in the world, you’re not on to a winner unless your business idea can bring in the pennies. You need to establish:

• Day-to-day operating costs

• How long it will take to reach break even

• How much start-up capital do you need?

• The likely sales volume

• The profit level required for the business not merely to survive, but also to thrive

• The retail price of your product or service