Question

You are planning to start a new day care center for children under the age of 5. As part of the business plan, you need a spreadsheet model that shows your projected revenues and costs. List as many variables as you can that are relevant to that computation.

Which of the following does not belong?

Revenue Related Variables

a) Fees charged per child

b) Fund raisers

c) Donations

d) Salaries

Answer 1

D) Salaries

Revenue is the income for your business so you make a profit from fund raisers, donations and fees charged per child. You are losing revenue when you have to pay your workers salaries