We learned from our readings and lessons the importance of financial research. For this assignment, you will populate the first three steps of the Financial Feasibility Canvas (FFC):
- Describe the Investment Rationale of your product or service and include which of Brigham and Daves’ categories fit your product or service:
- Replacement for maintenance of business
- Replacement of existing products or market
- Expansion of existing products or market
- Expansion into new products or markets
- Safety or environmental projects
- Research and development
- Long-term contract
- Identify at least three Capital Investment items needed. Be sure to list amounts associated with items and why each item is needed. (For example: identify any licenses needed and costs, equipment rental/purchase, etc.)
- Identify at least two Financial Assumptions: cost of materials and selling price. Discuss how you determined the costs and price.
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