For example:
How much to invest in each dept?
How much do you take as a loan to finance the company?
Any help would be much appreciated :)
2007-02-23 03:27:35 · 4 answers · asked by sandx46 1 in Business & Finance ➔ Other - Business & Finance
Well doing a detailed business plan would help u answer all your questions. This plan should be based on certain assumptions plus market data. You will need to see what assets you need to start a basic operation and what depts are necessary to support your operations. Based on your calculations of the above you should add to that 3-6 months of your overheads ( salaries, utilities...) you will end up with a figure which should come partly from you and partly from your bank.
2007-02-23 03:37:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Most of the money will be needed by your legal department, since "Scotch Tape" is a trademark and I'm sure you will be the subject of a lawsuit for infringement.
After that publicity, though, you will not need much marketing funds, so I would put some of it towards finding a different product and recycling all the "Scotch Tape" paper, plastic and other consumables.
2007-02-23 03:33:41 · answer #2 · answered by thylawyer 7 · 0⤊ 0⤋
How to compete with 3M. Good luck buddy. BTW: you cant call it "Scotch Tape". They have it copyrighted...
2007-02-23 03:30:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
first look at who holds the current patents
2007-02-23 03:30:41 · answer #4 · answered by sheisperfect2007 1 · 0⤊ 0⤋