Our budget for Tautoro School's market day

WALT understand the basics of business

To be successful we will:

Lists our costs and expenses

Know how many services/products we will see before we begin to make a profit

This is my budget for our service that we are doing which is selling fruit hanging baskets.

Students: Tristan, Chace, Ricci and Andy

Product/service   Recycled fruit Hanging Baskets

 

Costs

Item	Amount
T - Shirts	$0.00 (From home)
Strawberry plants	$1.80 each  (The Warehouse) x9  =  $16.20
Total costs	$16.20

Expenses (one off and on going)

Item	Amount
Rent	$5.00
Advertising	Poster made out of cardboard.
Newsletter
Flyers
Total expense	$21.20

Income (money that people will pay)

Per product	Amount
$5.00
How much I expect to sell 9	Amount $45.00

I sell each product for  $ 5.00. To make a profit I must sell at least 5 of the hanging baskets

If we sell all nine baskets we will make a profit of $23.80.