8) What are your Start-Up Costs? (Approximate numbers are OK. Please calculate via https://
www.sba.gov/sites/default/files/2020-08/Startup%20Costs%20Worksheet-508.pdf . Once
calculated “download” the spreadsheet and attach to your final submission. Please note: You may
not know all the answers to the financial questions. Use your best guess to come to a conclusion)
9) Where will you obtain funding? Briefly discuss what led you to your final decision.
a. Venture Capital?
b. Investment Bank?
c. Personal savings?
d. Family or other?
e.
10) Please discuss who your target audience/buyer is. Be specific!
a. Age?
b. Demographic?
c. Why this customer?
11) Choose 1 platform to sell your product on
a. Amazon? Shopify? Other?
b. Why this platform?
12) What is your sales/ revenue goal (approximately)
a. You plan to sell X amount of products to generate X amount of money each month.
b. What steps will you take to ensure you hit these numbers?
i. Add sales reps?
ii. Get reviews from customers?
iii. Facebook ads?
