Help with work

RoyceSraphim

So my job has come to the point where its quite essential in order for us to get money, and make money and for me to have a healthy and happy life, I need to develop a way to project revenue and to project future expenses to figure out a break even point.

I can figure the latter pretty evenly but the revenue part is quite difficult. I'm searching the web right now but I can only find ones for businesses that are already open, not ones that have yet to be opened. Further complicating the matter is the fact that we have 2 locations with different financial models and product focuses.

Please advise with a website or document explaining how I would go about coming up with these numbers.

bowen

What kind of data do you have access to and how detail do you have to be? It's pretty easy to project revenue and expenses off older data.

RoyceSraphim

THere is no old data, we haven't opened yet. We are trying to project a break even point for an investor and need revenue to figure out what our expenses are going to eat.

edit: I should point out we have some utilities for housing, electricity, supplies, and whatnot, but nothing reliable for Revenue

The Crowing One

Wait.

Your business isn't open, but you have two locations with different products and financial models?

I mean, the easiest way would be a nice, clean excel sheet with projections and verified costs plus a reasonable (and conservative) adjustment for error.

edit: For an investor? scratch the "conservative".

bowen

I don't think there's a realistic and reliable way to project revenue without prior data.

It's basically, at that point, "We want to make a super cool business and sell this super cool stuff to people, and I hope they buy it. But I project we'll make Eleventy Bajillion Dollars."

Hmm I'll look for something though.

The Crowing One

It may be worthwhile to note what general industry you're in, as projections from different models can differ greatly.

RoyceSraphim

Thats the real problem for me, everyone else sells food in different markets, we are the only one who will have a dedicated bakery and light food at one location, and a dedicated restaurant with good food and baked good from our bakery. The math is killing me and I need the fucking money.

bowen

Break out your walking shoes maybe? Go ask around the local area to get a sampling of how often people would utilize the bakery/restaurant?

You're also going to run into a model for Bumfuk, Nebraska would be different from NYC.

Fantasma

A business is actually trying to make money, and should try to make money and reduce costs and expenses to maximize profit.

In accounting there is a rule that says something similar to this:

Expenses are registered as soon as you know about them, income is registered when you actually get it.

You could throw numbers and hope for the best though.