Finance Venturing Planning

Surname 1

Student’s Name

Professor’s Name

Course

Date

Finance Venturing Planning

Costs Analysis for the Two Film Cases

Starting a business needs ressources to be amassed for effective initiation and subsequent

successful venture. In this task, two business enterprises will be using their entreprenueral film

which specify start up costs they incurred. A film entitled “Float-Cash Flow Forecasting” (2017)

presents analysis of start up costs and guves an overview of the future planning of the business.

In the film, the expenses needed for a business includefees made on office space and fees that

the licessing board require. For instance rent amount may amounted to $3000 per month.

Service inventories add to the initial costs of starting up a business venture. This may be suitable

for the retail, manufacturing or the intermediaries. A firm may set $50000 budget to advertising

in an effort to gain recognition in the market. This may be one time cost but it informs the budget

needed in the start up cost. A firm must incur cost on website where hosting of the company

information is available. In the entrepreneurial ventutre of the author, we observe more than

$5000 spent in pursuit of a website for the company. However, other utilities such as electricity

bills, airtime, water bills and internet formed a key entreprenueral start up cost for a technology

based site (Consultants). All firms would need a insurance cover against the potential acccidents

and other uncertainities.

Surname 2

The second film entitled ‘Food Truck Start Up Costs’ gives a light on the Company’s Start

Up Costs (2018) where start up cost analysis is an insight to the upcoming entrepreneurs. The

film analyses the liabilities and compare them with the assets that comprise of the start up costs.

This is a breakdowm where a balance sheet appears to give a precise description of the start up

costs. The idea behind that food stir uses high-quality ingredients which sells at a high mass

market price that it possible for the company to thrive at a faster rate. The assets that the

business had include the building, equipment, and vehicles. The liabilities included the

adsvertisement costs, salaries, legal obligations, taxes and creditors. In this view entrepreneurs

are encouraged to categorize the expanses needed in these two major parameters (Mahoney).

They should know the amount to be used to pay its workers as well as the money used to

maintain the equipment. This would enable faster and rapid growth of the company.

Food Truck business started with a smaller budget as the ingredients did not require much

money. This is due to the fact; the new customers were not easily predictable. The seed money

needed to start the business was based on the estimation of the cost needed to do the business

during the first days. A small amount was used to buy the start-up costs. The first product to be

baked was gingerbread then, eggnog, and cakes flavoured with vodka, which the kids consumed

before retiring to bed. The business just started with small capital from the pockets of the co-

founders. The products served the locally available customers and later on the business picked.

MooBella case study

MooBella ice cream vending business presents a viable business idea which entail an

entrepreneurial venture into the ice scream industry with minimal start up costs. The CEO and

the founder of this ice cream vending started this business from low grounds. The founder Bruce

Ginsberg started as a small-scale ice cream vendor and ended up to own a very big company.

Surname 3

The start-up costs to start and operate MooBella ice cream vending machine were very low with

few customers. For the idea of MooBella to market well, it took nearly 20 years. This showed a

very long time in the development and start-up duration (MooBella 51). The MooBella concept

at the early stages seemed to be very simple but later on, was considered to be technically

complex. Bruce, the founder of the MooBella concept, faced many challenges during the start-

up processes. The machines used to run the company were very expensive posing a financial

problem.

Comparison of the Cases

The firms exhibit some differences especially where Food Truck core operating costs at

the start differ. This is because the exact value of the costs is depends on the type and

requirements of the business venture. For the start-up funding exercise, MooBella sources of

funding included the following; $25 million in equity from Saturn asset, $1 million from Bruce,

a debt amounting to $17.5 million, funds from inventing ages and $9 million from WHO

(MooBella 52). The sources mentioned above of funds were used by MooBella to start and

operate the machine. MooBella case required a lot of funding for it to be operational. Bruce had

to rely on various sources of money to finance the start-up operations and processes. This is a

different case for Food Truck film analysis. The cash flow prediction film asserts that even the

profits vary and the projections depend on the nature of the business.

In conclusion, all the above cases present start up costs that are almost common. similar

strategies are employed for business activity to be successful. If we contrast and compare the

mentioned stories, it is clear that for a business to operate, various start-up procedures are

followed. These include the legal procedures and payment for the licenses, taxation, asset

sourcing, equipement availability, raw matrerials and payroll costs. In the mentioned cases, it is

Surname 4

quite clear that before a start-up process start a budget for the operations is usually outlined.

Capital is a major factor in any business start-up activity.

Works Cited

Surname 5

Consultants, SBA. Float-Cash Flow Forecasting. Edinburgh Film Company, 2017.

https://vimeo.com/edinburghfilmcompany

Mahoney, Brian. Food Truck Start Up Costs. Youtube, 2018.

https://www.youtube.com/watch?v=yjCWjlCH7vE.

MooBella, Inc.from Mariotti, S., & Glackin, C. (2013). Entrepreneurship: Starting and

Operating a Small Business (3rd ed., pp. 51-52).

Place new order. It's free, fast and safe

Paper type

Deadline

Page count

550 words

Total price: $ 15.00

Our customers say

Jeff Curtis

USA, Student

"I'm fully satisfied with the essay I've just received. When I read it, I felt like it was exactly what I wanted to say, but couldn’t find the necessary words. Thank you!"

Ian McGregor

UK, Student

"I don’t know what I would do without your assistance! With your help, I met my deadline just in time and the work was very professional. I will be back in several days with another assignment!"

Shannon Williams

Canada, Student

"It was the perfect experience! I enjoyed working with my writer, he delivered my work on time and followed all the guidelines about the referencing and contents."