cost-benefit analysis

Before you can produce your product you have to be sure you will make a profit out of it. So you have to determine what the production and shipping and renting space and having empolyees will cost and on the other hand what you expect of the potential buyers. How much are they willing to spend on your product? And how many buyers do you expect?
How much do you need to start the production? This is the amount you will ask from the Dragons.

 

 

During the pitch you only ask for the amount.

 

You will have to work out the details on a A4 sheet which you will give to every Dragon in person.

On this you will sum up all the costs you will need to start your business.

Also you need to estimate the profit you will make.

 

Make sure it is realistic!

 

cost-benefit analysis in short