Lesson Seven: Projecting Startup Costs and Revenues

  • What is a startup cost?
  • What are its main operating costs (i.e., expenses)?
  • What will be your company’s main revenues?
  • What is net income (i.e., net profit)? What is an income statement (i.e., profit and loss statement; P&L)?
  • Example: Larry’s Lawn Service
  • What is opportunity cost?

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