You wanted to join a booth fair, and you are aiming to get a profit that is twice as your capital. Your starting capital is $15,000.00. Make a financial plan for the booth that you will set up and the product that you will sell. You may use the sample plan below: FINANCIAL PLAN Product: Description of product: Goal: Capital: 15,000.00 Fixed Cost (Labor, Machineries, Expenses for the booth etc): Variable Cost (Materials, Ingredients, etc): Profit function: Prove that profit function will yield an amount that is twice the capital

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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You wanted to join a booth fair, and you are aiming to get a profit that is twice as your capital. Your starting capital is $15,000.00. Make a financial plan for the booth that you will set up and the product that you will sell. You may use the sample plan below:

FINANCIAL PLAN

Product:

Description of product:

Goal:

Capital: 15,000.00

Fixed Cost (Labor, Machineries, Expenses for the booth etc):

Variable Cost (Materials, Ingredients, etc):

Profit function:

Prove that profit function will yield an amount that is twice the capital

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