Note: The Station North Arts District offers special Tax incentives to businesses promoting the arts such as:
(1) a property tax credit on qualifying renovations;
(2) a waiver of the admissions & amusement tax; and
(3) an income tax credit for most artistic work generating revenue in the District.
Since my business is one promoting the arts I am assuming that I would receive some of these benefits.
Information on this can be found here
Yes this is not a completed assignment.
ReplyDelete1. Change the title. Create a name for your business and use it in the title.
ReplyDelete2. I gave you information on publicly traded casual dining restaurant companies--did you use any information from that?
3. $10 per month for "newspaper ads" seems low.
4. $2,000 per month for rent seems low, can you substantiate that?
Please revise and footnote your expenses.
The budget is much better looking, however, $30,000 is enough supplies for beer for a year? You don't have to buy more hops, yeast, and whatever else goes into beer? And you buy it all once in Month 1 and don't buy it again for the rest of the year?
ReplyDeleteAlso, I know musicians don't get paid much but $2,000/month is only about $70/day.
Grade: B-