Break Even Analysis: Starting a Company in China – Sportwear
Business Finance
We are creating a new company like Nike or Adidas. And we are opening this company in China. By using this background, answer the questions below and I need 2 pages length.
1. IE: Hiring a team of lawyers to approve contracts to prevent mistakes that you might have made as a company (negligence)
2. How have you considered all the costs? (including accounting and management reporting systems) What are you charging, what is your profit margin? How will that money be used to cover expenses?
3. How will you finance the product or service? What steps do you plan on taking after the initial financing? How will this affect your bottom line/break-even point? (Remember to research how many loans actually get accepted and current interest rates) Include those costs of financing in your analysis
Document all your sources
include picture/images of product or service
