Simple Questions
How did we get the money to start our business?
The money was from our savings, and we split it evenly; meaning $5,000 / each.
When did we start our business?
The year 2023
What is our business' USP (unique selling proposition)?
We offer a service that not many schools, teachers, or students have access to.
What did we say our annual revenue was?
$14,023
For our customer analysis breakdown, what percentage were teachers, and what percentage were students?
60% teachers and 40% students
Name the two competitors of our business
JMC Design and Scholars Choice
What was the start-up cost to first launch and operate our business?
$10,000
What is our break-even unit?
2.5 units / per month
What is our exact net profit (with tax)?
$7,338.40