You want to start a summer business to earn money. What will you do? You have to consider how much money you can afford to invest in this business, how much it will cost you to make each item, and how much you’re going to charge for each item. Research something that would be reasonable to make and sell with the startup investment you have determined. a. What is the total amount of money you are willing to invest in this business? b. What item are you going to make and sell? Why? c. Describe how your business will work. How much will it cost you to make each item? How much will you sell each item for? d. Do you think your business will be profitable? Explain your answer
A: Around 100$ then it will grow. B: Games / Consoles because you can buy them for cheap @ sales and some discount sites. C: I would sell each item for the average selling price, but buy it for cheaper, so a PS4 which usually costs lets say 200$ and I bought if for 150$ I would sell for 200$. D: It is reselling and making a bigger profit, as I earn more money I can invest into more items and resell them.