Answer all the questions below I have select a business topic which is based on cycling...

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Finance

Answer all the questions below
I have select a business topic which is based on cycling retailshop we sell bicycles in following shop and do repairing as well sothats the business which i have select below are the questionswhich have to be answered in regards to cycling business
Financial Plan Format
1. Project cost
2. Financing plan and loan requirements
3. Security for loan
4. Profit and loss statement
5. Cash flow statement
6. Balance sheet
7. Loan repayment schedule
8. Break-even point (BEP)
9. Return on investment (ROI)
10. Financial analysis

Answer & Explanation Solved by verified expert

4.4 Ratings (880 Votes)

The answers for the following topics related to the cycling business are as follows 1 Project cost Project cost is the total funds needed to complete the project or work that consists of a direct cost and indirect cost The project costs are any expenditure made or estimated to be made to complete the project For cycling business project costs may be the following Fixed cost Shop rent electricity charges Insurance etc Variable costs Purchase of bicycles salary and wages of staff etc 2 Financing plan and loan requirement For starting a business there may be a need of taking loan for which a financing plan can be made For eg let suppose the following funds are required See Answer

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