WRITE A SEPARATE COLUMN FOR RESOURCES AND SEPARATE FOR OPERATING EXPENSE FOR INITIAL INVESTYEMENT OF STARTING A BUSINESS
Question
WRITE A SEPARATE COLUMN FOR RESOURCES AND SEPARATE FOR OPERATING EXPENSE FOR INITIAL INVESTYEMENT OF STARTING A BUSINESS
Solution
Sure, here's a basic example of how you might structure this:
| Resources | Cost |
|---|---|
| Office Space | $2000 |
| Equipment | $5000 |
| Initial Inventory | $3000 |
| Business License | $500 |
| Website Development | $1000 |
| Marketing | $1000 |
| Total | $12500 |
| Operating Expenses | Cost |
|---|---|
| Rent | $2000 |
| Utilities | $200 |
| Salaries | $5000 |
| Insurance | $300 |
| Marketing | $500 |
| Maintenance | $200 |
| Total | $8200 |
This is a very simplified example and the actual costs will depend on the specifics of your business. Also, some costs might be considered both a resource and an operating expense. For example, if you buy a machine, it's a resource. But the electricity to run it and the maintenance to keep it running are operating expenses.
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