Need a 1 page 12 point Ariel font, 1/4 inch indentions, and single line and character spacing.
Questions to answer:
Capital Requirements How much cash and securities do we need to get started? We will bring 20% with us for a loan.
Estimated Earnings Can we beat the Industry averages in the IBIS report? What do the numbers look like? Do we lose money at first while developing the company?
Time Out of Cash Most firms lose money the first or second year of operations while we pay off debt. What is the burn rate and when will we run out of money if there is no profit?
Return on Investment Can we beat the Industry average? What is the normal return on an investment like this? How soon do we expect to make a return on investment?
Remember that you can estimate your expenses using the IBIS industry report. Start with your room count, percent of occupancy, and estimated sales. Then estimate your expenses using the averages listed in the IBIS report.
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