estimating the revenue and expense to calculate operating profit or loss.

· 
Illustrate how your
venture would perform by estimating the revenue and expense to calculate
operating profit or loss. Include estimates of your venture’s main sources of
revenue and the expenses expected in the main cost categories such as the cost
of goods, sales and marketing, labor, rent, maintenance, and any other
significant expenses.

· 
Illustrate your
venture’s startup costs by estimating a preopening budget—also termed
development budget—that includes startup costs such as building and
construction, Web site development, preopening marketing, equipment,
merchandise, preopening operations, research and development, working capital,
and any other significant preopening expenses. An example of a preopening
budget may be found in the materials listed on the course page for the University of Phoenix student Web site for Week Two
named Kudler Opening Budget.