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TiliK225 [7]
3 years ago
7

For Hair Salon How much funding do you think you need to run your business for 1 year? Why?

Business
1 answer:
ad-work [718]3 years ago
3 0

Answer:

100,000 for a building and expect to have an extra 40,000 for hair equipment.

Explanation:

Honesty there will be a difference depending on where you live. But even small office space can range from 100,000 to 600,000 and keep in mind that you will need to have anywhere from 40,000 to 250,000 for any hair equipment. Staring a business is not cheap but most people try to start their business off at home they work their way up the ladder to success.  

Hope this helps and good luck!

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<u>Calculation of Total Assets:</u>

Total assets based on the given transactions can be calculated as follows:


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Add: Amount Borrowed from Local Bank $3,900

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