Additional Start-up and Operational Costs for Business Plan Worksheet
Additional Operating and Start-up Costs Worksheet for Business Plan
----- Use with the Business Financial Proof of Concept Extension -----
Use this worksheet to help determine the additional operational and start-up costs for your business venture. Only fill in the areas you will need. This will help determine the commercial feasibility of your product/service.
Operating Costs/Expenses:
Advertising Costs–advertising types and costs.
Sales and Revenues:
Calculate the total cost of your overhead. Overhead includes: rent, utilities, insurance, advertising, administration and management (employee), and shipping.
Add all costs per month from the list above to obtain your total overhead costs.
Total overhead costs per month:_________________________
Calculate the cost of sales– the total cost of producing one product/service. Base this off of your cost of materials, labor, and overhead. Visit https://calculator.academy/unit-product-cost-calculator/ to calculate your cost of sales.
Cost of Sales per month:_________________________
Calculate the price point for your product/service. Use the cost of sales and add your percentage markup to set your price.
Example: If your cost of sales is $10 and you want to use a 20% markup you would multiply $10 x .20 = $2. Next, add $10 + $2 = $12.00 You will charge $12.00 for each product sold.
Price Point — Multiply cost of sales x percent markup Use the answer and add it to your original cost of sales to obtain your price point.
Price Point:___________________________
Describe how your price point compares to your competitors.____________________________________________________________
Calculate your sales and revenues. Use number of sales you will make per month and multiply by your price point to determine your sales and revenues.
Sales and revenues = sales per month x price point
Sales and Revenues:_______________________
***Input all of your data from your Start-up and Operating Costs worksheets (2 of them) into the 3-year financial projection to calculate your Return on Investment (ROI).**