Financial model

John,

Thanks for the guidance as presented in your class. It is really helping to keep
things step by step and in prospective.

I need so clarification on the financial model presented.

Year one is to target say $350,000 in revenue based on the wholesale price, at
least 50% gross margins and one should expect 10% profit margins. So 35K$ in
profits at the end of year one.

A basic tenent in starting a business is to make sure it pays a salary or do not
do it. So what is the ball park salary number you have in your model?

Is there thing else I missed?

best regards

Dirk

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