Writing a Business Plan
PRICING How much will you charge? How does your pricing compare to your competitors? Make sure you set your price above the cost per unit.PROFIT What will be your profit? How much will you make on each sale after you subtract your expenses? Profit = Income – Expenses Sale price of item: Cost of item: Profit: What will you do with the money you make? Will you buy more supplies? Save for college? Donate to charity? Make a plan for spending, saving, and sharing. What are your financial goals? Don’t forget to set aside money to reinvest in the business.
What Next? On the next page, you can input the work you’ve done into a finished business plan to hand out to friends, family, and potential investors!