make a table of the various products/services you plan to offer, the sales price and cost of goods sold (COGS) for each item. Then calculate the gross profit and gross profit margin percentage for each item.)
A. ( make a table of the various products/services you plan to…
A. (make a table of the various products/services you plan to offer, the sales price and cost of goods sold (COGS) for each item. Then calculate the gross profit and gross profit margin percentage for each item.)
Product/Service | Sales Price | COGS | Gross Profit Margin $ | Gross Profit Margin % |
Nutrition Counseling-Initial Consultation | $150 | 0 | ||
Nutrition Counseling- Follow Up | $75 | 0 | ||
Cooking Class | $75 | $100 | ||
Specialized meal plan | $50 | 0 | ||
Group Cooking Class-Via Non-profit organization ( 5-7 people) | $250 | $500-$700 |
B. Attach 12-month sample profit and loss projection financial statement. Include a paragraph explanation of your sales forecast here. For each month how did you estimate your total income?)
C. In a paragraph to describe how you compare to your competitors. What are your advantages/opportunities? How you will distinguish yourself? What will your customers remember about you?