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Summary Unit 19 assignment 2 Projected Costs

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I have explained with an example about how to write up a Projected Costs for my assignment at hand. I hope that this helps you out.









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Uploaded on
August 22, 2023
Number of pages
1
Written in
2022/2023
Type
Summary

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Projected costs

Set up costs- what I would need in order to set up the business?

My set-up costs would include the following:

 Specialist and technical equipment such as a Sewing machine and a specific type of needle
for the sewing machines (costs about £2,000)
 Setting up an online, crowdfunding site like a website (costs about £2,000)
 Main accessories that match with the selected outfit (costs £5,000)
 Main inventory such as different types of threads and fabrics (costs about £11,000)

Set Up Costs Amount
Specialist equipment such as a Sewing machine £2,000
and a specific type of needle for the sewing
machine
Main accessories that match with the selected £5,000
outfit
Main inventory such as different types of £11,000
threads and fabrics


Fixed Costs-

 Rent (£3,000 a month)
 Utilities (heat, gas, lighting and water bills) (costs about 1,000 a month)
 Council tax (costs about £100 per a month)
 Insurance (costs about £200 per a month)
 Wages for employees (labour costs) (costs about £1,000 a month)
 Advertising Campaign (£20 per a month)
 Marketing Campaign (£20 per a month)



Variable costs

 Packaging
 Delivery costs
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