Taking Care Of Business
Studio Brief 2
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Ashley looked into available business loans to help us understand how much we would need to begin the studio.
Ashley's Blog Post - Small Business Loan
James was in charge of handing the costs and used many different sources to provide us with as accurate estimate as he could.
James' Blog Post - Taking Care Of Costs
With them working together, they come come up with figures that would allow the company to break even, and in an ideal world, make a profit.
The end price for fixed expenses was roughly £12 an hour (£11.27) working on a 40 hour week.
Shopping List
Ashley was also in charge of collating a shopping list for the start-up studio.
Macs - £7194
Desks - £420
Chairs - £570
Projector - £200
Fridge - £80
Kettle - £15
Plants - £40
Clock - £10
Chalkboard - £12
Printer - £1499
Camera - £800
Tripod - £30
Lighting equipment - £67
Scanner - £179
Light Box - £50
Total - £11,166
Additionally, Josiah met with a creative accountant Russell Smith, which was incredibly helpful, in terms of tips and suggestions. His blog post on that meeting is here.
Studio Brief 2
----------
Ashley looked into available business loans to help us understand how much we would need to begin the studio.Ashley's Blog Post - Small Business Loan
James was in charge of handing the costs and used many different sources to provide us with as accurate estimate as he could.
James' Blog Post - Taking Care Of Costs
With them working together, they come come up with figures that would allow the company to break even, and in an ideal world, make a profit.
The end price for fixed expenses was roughly £12 an hour (£11.27) working on a 40 hour week.
Shopping List
Ashley was also in charge of collating a shopping list for the start-up studio.
Macs - £7194
Desks - £420
Chairs - £570
Projector - £200
Fridge - £80
Kettle - £15
Plants - £40
Clock - £10
Chalkboard - £12
Printer - £1499
Camera - £800
Tripod - £30
Lighting equipment - £67
Scanner - £179
Light Box - £50
Total - £11,166
Additionally, Josiah met with a creative accountant Russell Smith, which was incredibly helpful, in terms of tips and suggestions. His blog post on that meeting is here.
