1.Total Revenue
2. Expenditure
because it is a new business that's why we will have lot of expenses like...............
3.PROFIT
- The price of food
2. Expenditure
because it is a new business that's why we will have lot of expenses like...............
- Wages
There will be lot of wages to be paid like salary of chefs and cooks,waiters,manager and kitchen hands etc.
- Set up costs
- Running costs
The operating costs will be bills of electricity,telephone and the raw material for our restaurant.Additionally the ongoing fixed and variable costs are reasonably will be low in comparison to many other businesses as our service is based on just raw material product based.
- Other costs (GST etc.)
3.PROFIT
- Expected investment ($100,000)
- Expected profit
- 1st year ($50,000)
- 2nd year($100,000)
This bar chart below shows the comparison between amount of total spending and profit during first and second year.
This bar chart below shows amount of money to start the business.